Georgia’s ranking in the Ease of Doing Business 2019 among the 190 countries covered by the World Bank Group annual report has been improved. Georgia ranked the 6th place and is among the top-10 for already the fourth time. Georgia occupied the 9th place in 2018.
Georgia still stands out in Europe and Central Asia as a country that has made significant steps towards better and more effective regulations.
The region’s top performing economy in this respect is Georgia, where it takes undergoing one procedure likewise New Zealand to start a business compared with nine procedures and 25 days in 2003.
According to the DB 2019, the top other 9 countries where it is easiest to do business are:
- New Zealand
- Singapore
- Denmark
- South Korea
- Hong Kong, China
- USA
- Great Britain
- Norway
- Macedonia