The 2020 edition of the report in which EuCham ranks and analyzes 46 European countries according to their economic environment. In the ranking Georgia took 18th place.
Nordic countries are still on the top of the list: Denmark, Sweden, Norway and Finland, followed by Switzerland, UK and Germany. Estonia, Lithuania and Georgia are outstanding exceptions among the post-Soviet countries. The report reveals also that the highest level of improvement is shown by Armenia.
The ranking is the result of an analysis based on internationally recognized indexes of the World Bank and Transparency International. EuCham thinks that business integrity and transparency play strategic roles.