21 October 2020,   18:04
World Bank Report - Georgia ranks 7th among 190 countries in terms of ease of doing business

According to the World Bank Report 2020, Georgia ranked 7th with 83.7 points out of 190 countries in terms of ease of doing business.

Georgia"s rating has dropped by 1 point compared to 2018 year, though the country is still in the top 10 and according to the report, Georgia is ahead of countries, such as Great Britain, Norway, Sweden, Germany and others according to the ease of doing business index.

The list is led by New Zealand, which is followed by Somalia.

As for Georgia"s neighboring countries, Azerbaijan ranked 34th with 76.7 points and Armenia ranked 47th with 74.5 points.

The World Bank has been publishing the rating of ease of doing business since 2003. The survey involves 190 countries around the world.