Georgia is the 74 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Georgia averaged 79.15 from 2007 until 2019, reaching an all time high of 93.00 in 2011 and a record low of 66.00 in 2016. source: World Economic Forum

Related	Last	Previous	Unit	Reference
Business Confidence	7.50	-1.50	points	Dec 2025
Changes in Inventories	929.70	441.80	GEL Million	Sep 2025
Corruption Index	50.00	53.00	Points	Dec 2025
Corruption Rank	56.00	53.00		Dec 2025
Industrial Production YoY	3.90	9.30	percent	Sep 2025
Manufacturing Production	2.06	7.60	percent	Sep 2025
Mining Production	19.04	34.94	percent	Sep 2025

Georgia Competitiveness Rank

The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability.