Georgia ranks 15th out of 181 countries of the world according to the ease of doing business in the “Doing Business 2009” report released by the World Bank. It moved 15 places up from the previously held 18th. Back in 2007 Georgia was only 35th in the similar report.
Georgia ranks higher than such countries as Belgium, Estonia, Germany, Austria, Latvia, France, Azerbaijan, Armenia, Turkey and others.
In the new report Georgia improved its score in the following components of the index: starting a business, dealing with construction permits, registering property, getting credit, closing a business.
Singapore ranks first and Congo is at the bottom of the “Doing Business 2009” rankings.
