Georgia improves Logistics Performance Index

12:45, 25.04.2023

Georgia improved Logistics Performance Index – LPI by 40 points, based on the 2023 World Bank (WB) report.

Georgia moved from the 119th to 79th position, scoring 2.7 among 160 countries globally.

Georgia improved its position in almost every component of the index: Efficiency of the clearance process, Quality of trade and transport-related infrastructure, International shipments, Competence and quality of logistics services, and Timeliness of shipments in reaching a destination within the scheduled or expected delivery time.

Logistics Performance Index overall score reflects perceptions of a country’s logistics based on the efficiency of the customs clearance process, quality of trade- and transport-related infrastructure, ease of arranging competitively priced shipments, quality of logistics services, ability to track and trace consignments, and frequency with which shipments reach the consignee within the scheduled time.

The index ranges from 1 to 5, with a higher score representing better performance.

By - Elene Dobordjginidze

Economics

Logistics Performance Index