According to its data. Turkey holds the first place, followed by Estonia. Georgia is in the third place
Kobalia noted that the forecast of real GDP growth of Georgia is better than that of countries such as Lithuania, Belarus, Armenia, Sweden, Poland, Slovakia, Germany etc.
The Minister also reported that, according to Doing Business World Bank ranking Georgia holds the first place on Registering Property out of 183 countries, and among the top ten on indicators such as building permits, starting a business, and financing.
Kobalia stressed that Georgia ranks second in the Corruption Perceptions Index.
Below you could see all key matrix results. Georgia plans total score improvement by 1 addition point in 2012. Out of top 10 parameters, Georgia shows progress in 8 of them
TOPIC RANKINGS | DB 2012 Rank | DB 2011 Rank | Change in Rank |
---|---|---|---|
Starting a Business | 7 | 8 | ![]() |
Dealing with Construction Permits | 4 | 6 | ![]() |
Getting Electricity | 89 | 91 | ![]() |
Registering Property | 1 | 2 | ![]() |
Getting Credit | 8 | 21 | ![]() |
Protecting Investors | 17 | 21 | ![]() |
Paying Taxes | 42 | 62 | ![]() |
Trading Across Borders | 54 | 34 | ![]() |
Enforcing Contracts | 41 | 40 | ![]() |
Resolving Insolvency | 109 | 111 | ![]() |
Complete report could be seen here: http://www.doingbusiness.org/data/exploreeconomies/georgia