According to the rating of “Best European Countries for Business 2018” Georgia ranks 18th among 46 European countries.
The European Chamber publishes this rating, which evaluates the country’s existing business environment. Points that are assigned to countries are derived from the World Bank business doing and the International Transparency Corruption Index Ratings.
From 0 to 100 points are given to each country where 0 is the worst result, and 100 is the best.
The ranking leader is Denmark with 87 points, while Georgia has 62. Ukraine takes the last, 46th position.
Georgia was in the 20th place in the ranking of 2017.