Deputy Minister of Economy: Georgia boasts one of most attractive business and investment environments globally

“Georgia possesses one of the most attractive business and investment climates in the world,” the Deputy Minister of Economy and Sustainable Development, Vakhtang Tsintsadze, stated in reference to the 2026 Chandler Good Government Index.

According to the rankings, the Georgian government features among Europe’s top 20 nations for governance that fosters private sector development.

The Ministry of Economy and Sustainable Development has said that Vakhtang Tsintsadze explained that this success is driven, on the one hand, by the sound economic policies pursued by the Georgian government, and on the other, by the highly attractive regulatory framework in place across the country. This framework actively encourages foreign direct investment, stimulates domestic production, and facilitates the rapid expansion of the private sector.

“It must be highlighted that the country operates with minimal bureaucracy, boasts one of the lowest tax burdens globally, and maintains an exceptionally efficient regulatory framework. Naturally, all of the above directly influence the performance of the business sector, and the results are remarkably impressive. In fact, the business sector is hitting record highs across all indicators, both in terms of output and turnover. Nationally, the country is experiencing some of the highest economic growth rates in the world, with average economic growth over the past five years standing at 9.3%. All of this continues to drive job creation and the rapid overall development of the domestic economy,” Tsintsadze noted.

According to the published report, the Georgian government received high praise for governance supportive of the private sector, ranking 31st globally and securing a place within Europe’s top 20. Georgia outperforms all EU candidate nations and 17 EU and NATO member states.