Government of Georgia – News

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) Print Version

2020-12-05

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.

The Global Sustainable Competitiveness Index employs 127 indicators grouped into 5 aggregates and is based on profile studies by numerous global think tanks, such as World Bank Indicator database, various UN agencies (UNDP, UNEP, UNICEF, FAO, WHO, WMO, www.data.un.org), the International Monetary Fund (IMF), and other nongovernmental organizations (including Transparency International, Reporters without Borders, The New Economics Foundation, The Institute for Economics and Peace, The Fund for Peace, the Joint Global Change Research Institute).

Source: http://solability.com/