Georgia has secured fourth place worldwide in the World Bank’s Ready for Business (B-READY 2025) ranking, placing it among the world’s top-performing countries for business environment effectiveness, Deputy Minister of Economy and Sustainable Development Vakhtang Tsintsadze said.

Tsintsadze noted that the high ranking once again confirms that Georgia offers one of the most attractive business and investment climates globally.

In the B-READY 2025 index, Georgia shares fourth place with South Korea, Singapore, and Estonia, outperforming countries such as Latvia, the United Kingdom, the Czech Republic, Croatia, Spain, Canada, and the United States.

The B-READY ranking evaluates how effectively a country’s regulatory and institutional frameworks support business activity and development. It replaces the World Bank’s former Doing Business index, in which Georgia previously ranked seventh. Under the new methodology, Georgia has moved ahead of Hong Kong and New Zealand, both of which previously ranked higher in the Doing Business assessment.

The B-READY methodology examines all stages of a company’s life cycle—starting, operating and expanding, and closing a business—across three key dimensions: operational efficiency, regulatory framework, and public service delivery.

According to the report, Georgia ranks second globally in operational efficiency, trailing only Singapore.

“Georgia’s key task is to continue improving the business environment through new initiatives that the government implements on a daily basis,” Tsintsadze said.