Global Finance Named Georgia among Countries with Dramatic Growth and Intense Investor Interest
10-06-2019

International financial publication, the Global Finance, based on the evaluation of the economic stability, good governance and quality of business regulations, named Georgia among the countries with dramatic growth and intense investor interest. Georgia shares its position within the group with the leading European countries.

Global Finance provides its assessment based on the following five economic components: GDP Growth Forecast, Change in FDI, Competitiveness Score, Corruption Perceptions Score and Ease of Doing Business Rank. 
At the same time, according to the economic components, Georgia is among the top 10 countries in terms of Ease of Doing Business Rank and the Corruption Perceptions Score. 

According to the Global Finance, between global trade tensions and homegrown problems, 2018 proved to be an especially transformative year for many economies in terms of currency concerns, declining commodity prices and dwindling investor confidence. 

However, the Global Finance finds that Georgia is characterized with fast-improving business climate, robust growth and strong partnership ties with the EU.

Global Finance, for the ranking it provides, uses the following sources:

  • World Economic Overview, IMF (October, 2018);
  • World Investment Report, UNCTAD (June, 2018);
  • Global Competitiveness Report, World Economic Forum (2018);
  • Corruption Perceptions Index, Transparency International (2018);
  • Ease of Doing Business, World Bank (2019).

For more details, visit the following link: https://www.gfmag.com/global-data/economic-data/emerging-markets-hot-spots-2019


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