Economy
Posted: 3 years ago

Global Sustainable Competitiveness Index Ranks Georgia Historic High

According to the Global Sustainable Competitiveness Index, Georgia, with its ranking reaching a historic high, is among the world's top 40 performers (37th place), also leading worldwide in ranking improvement in the past 7 years.

The Better Governance indicator of the index ranks Georgia among the world's top 30 countries.

In this indicator, Georgia is ahead of such leading countries as Spain, Italy, Singapore, France, Greece, South Korea, Norway, Hungary, Cyprus, Japan, Sweden, the US, Canada, Australia, and others.

In the overall Competitiveness Index assessment, Georgia is ahead of every country in the wider region, also of such leading economies as China, Singapore, Australia, Israel, Greece, Malta, Chile, Cyprus, and others.

According to the GSC Index 2013, reflecting a period prior to 2013, Georgia was ranked 95th in the world, between Papua New Guinea (94th) and Nepal (96th), thus having moved up 58 spots.

The transnational organization SolAbility ha published the Global Sustainable Competitiveness Index 2020. The report assesses the sustainable competitiveness in 180 economies around the globe.