Global Sustainable Competitiveness Index: Georgia ranks 37th among 180 countries
Compared to 2012, Georgia ranks first in the world in terms of improving its rating position, said Georgian Economy Minister Natia Turnava. Photo: Nino Alavidze/Agenda.ge.
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Georgia has ranked 37th among 180 countries in the Global Sustainable Competitiveness Index.
The Global Sustainable Competitiveness Index measures the sustainable competitiveness of countries by calculating 116 measurable, quantitative indicators derived from sources such as the World Bank, the IMF, and various UN agencies.
The 127 indicators are grouped into five sub-indexes, in which Georgia scored:
- Natural Capital - 52.6
- Resource Efficiency and Intensity - 49.6
- Intellectual Capital - 47.3
- Governance Efficiency - 59.3
- Social Cohesion - 35.7
Georgia is ahead of leading economies such as China, Singapore, Australia, Israel, Greece, Malta, Chile, Cyprus, etc. Georgia is ahead of all neighbouring countries in the ranking, and in the post-Soviet space it lags behind only the Baltic countries”, announces the Ministry of Economy of Georgia.
Compared to 2012, Georgia ranks first in the world in terms of improving its rating position, said Georgian Economy Minister Natia Turnava.
The 2020 TRACE Bribery Risk Matrix ranked Georgia in 28th of 194 counties in its annual bribery prevalence in business measurement.
Georgia ranks 53rd of 167 countries on the Legatum Prosperity Index 2020 which assesses political, social, economic and environmental standings of l countries. Since 2010, Georgia has moved up the rankings by 11 places, says the index.
Numbeo, the world’s largest cost of living database, has released its Crime Index by Country 2020 mid-year in which Georgia is the world’s fourth safest country and the safest country of Europe.
Transparency International has released its Corruption Perceptions Index 2019, with Georgia ranking 44th among 180 countries and territories across the world, standing on top of all Eastern European and Central Asian countries.In the index, which measures sector corruption according to experts and business people, Georgia has received 56 scores of total 100.
Georgia ranks 45th among 180 countries and territories across the world in the latest Corruption Perceptions Index (CPI) 2020 published by the Transparency International, standing on top of all Eastern European and Central Asian countries.