Georgia has improved its status as a free economy thanks to its fiscal policy, regulatory efficiency, and open market policies. According to the World Bank’s Doing Business report 2020, Georgia ranks 7th for “ease of doing business” among 190 economies, 2nd for “ease of starting a business”, and 5th for “ease of registering property”.
Registering a new business takes a maximum of two days and requires no minimum capital requirements. According to the ‘Heritage Foundation Index of Economic Freedom 2019,’ Georgia’s economy is categorized as Mostly Free, ranking 16th across 180 countries.

‍Georgia remains the least corrupt country in the region. According to Transparency International, Georgia is the top performer among the Eastern European and Central Asian countries.