Georgia: Competitiveness

* indicates monthly or quarterly data series
 Georgia

Competitiveness - World Economic Forum index (0-100)

 Latest value 60.6
 Year 2019
 Measure points
 Data availability 2018 - 2019
 Average 60.75
 Min - Max 60.6 - 60.9
 Source The World Economic Forum
For that indicator, we provide data for Georgia from 2018 to 2019. The average value for Georgia during that period was 60.75 points with a minimum of 60.6 points in 2019 and a maximum of 60.9 points in 2018. The latest value from 2019 is 60.6 points. For comparison, the world average in 2019 based on 140 countries is 60.61 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Georgia - Competitiveness - recent values




Definition: The Global Competitiveness index is composed of 12 pillars of competitiveness: Institutions, Infrastructure, ICT adoption, Macroeconomic stability, Health, Skills, Product market, Labor market, Financial system, market size, Business, dynamism, and Innovation capability.


 Related indicators Latest value Reference Measure
 Rule of law 0.17 2022 points
 Government effectiveness 0.65 2022 points
 Control of corruption 0.62 2022 points
 Regulatory quality 1.03 2022 points
 Voice and accountability 0.01 2022 points
 Political stability -0.44 2022 points
 Corruption perceptions - Transparency International 56 2022 points
 Political rights 3 2020 points
 Civil liberties 3 2020 points
 Competitiveness 60.60 2019 points
 Cost of starting a business 2.10 2019 percent of per capita GNI
 Shadow economy 53.07 2015 percent
 Informal economy, MIMIC method 61.80 2020 percent
 Informal economy, DGE method 58.20 2020 percent
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