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Tag Archives: WEF

Georgia Ranks 46th in Simplicity of Access to Business Loans

Georgia ranks 46th in the global rating of simplicity of access to business loans. The World Economic Forum (WEF) has published rating of 137 countries. The scores range from 7 to 1, where the 7 is the best indicator and the 1 – the worst one. Georgia’s rating point is …

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Georgia’s Economic Competitiveness Shrink

Georgia Loses 8 Positions in Global Competitiveness Index World Economic Forum (WEF) has published the 2017-2018 report for Global Competitiveness Index. The document explores competitive capacity of 137 countries and Georgia ranks 67th among them. According to the 2016-2017 report, Georgia ranked 59th, that is the country has lost 8 …

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Georgia Among 17 Countries with the Lowest Tax Rates in the World

The World Economic Forum recently released its Global Competitiveness Report on the state of the world’s economies. The group analysed data including levels of corruption, inflation, and policy stability to compile a picture of virtually every country. One of the indicators the WEF uses is a country’s tax burden, with lower scores …

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Competitive Capacity of Georgian Economy Grows

Over the past 5 years Georgia has moved to 59th position from 88th place in Rating of Global Competitiveness. Georgia has occupied 59th position with 4.32 point among 138 countries in the 2016-20167 Global Competitiveness Rating published by the World Economic Forum (WEF). The country has improved positions by 7 …

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