- Population 3,726,549
- Area (km2) 69,700
- GDP per capita (USD) 4,722.78
- TPES (Mtoe) 4.81
-
Energy intensity
(toe/103 2010 USD) 0.30 - CO2 emissions - energy (MtCO2) 8.72
Georgia’s overall risk level against
the assessed areas is very low.
Georgia provides attractive conditions to investors and is working in the right direction. Attention should be given to strengthening the robustness of its policy goals and commitments.
risk level
Among the three risks assessed in EIRA, breach of State obligations is lower compared to discrimination between foreign and domestic investors and unpredictable policy and regulatory change.
-
Unpredictable policy and regulatory changes
-
Discrimination between foreign and domestic investors
-
Breach of state obligations
indicator performance
Georgia’s performance is very good on two indicators, good on one indicator, and moderate on one. It has retained a score of 92 on the indicator rule of law. Its score on regulatory environment and investment conditions has improved by four points and stands at 81. It has maintained a score of 71 on management of decision-making processes. Its score on foresight of policy and regulatory change has improved by four points to 54.
Sub-indicator performance
On a more detailed level, Georgia’s overall sub-indicator performance is good. The highest-scoring sub-indicators are management and settlement of investor-State disputes and restrictions on FDI, at 100 and 90. Its performance on the sub-indicator respect for property rights is also very good, with a score of 83, like in 2019. It has once again scored 73 on transparency, followed by regulatory effectiveness which has improved by eight points, and stands at 72. It has a score of 69 on the sub-indicator institutional governance. The score of communication of vision and policies is 59. Its performance on robustness of policy goals and commitments went up by six points, but remains the lowest at 48.
