Georgia ranks 74th out of 141 countries in the World Economic Forum's Global Competitiveness Index for 2019, this means that Georgia fell 8 places back compared to the previous year. The country's score is 60.6, compared to 61 in the previous ratings.
According to the index Georgia has difficulty in innovation and market scale. Georgia ranks 91st in terms of innovation and 101st in market scale.
Georgia's innovation score is 32.7.
The World Economic Forum has been publishing the Global Competitiveness Index since 2005. According to Index rapidly growing economy is considered competitive.