KNOWLEDGE BANK

In 2016 6,360,503 tourists entered Georgia (the noted amount exceeds the data of 2015 by 8%, 459,409 people). The most number of tourists were from Azerbaijan (1,523,703), Armenia (1,496,437), Turkey (1,256,561) and Russia (1,038,750) – the number of tourists from neighboring countries (5,315,451 people) made up 84% of total tourists’ amount. Income received from international tourism in 2016 made up 2,166,334 USD (exceeded 2015 by 230,41

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Based on the data of September 1, 2017, there are 664,057 registered business entities in Georgia, out of which only 173,629 are active. The economic unit is active if it meets one of the following criterias: Turnover > 0 (VAT, income and other declarations), Number of Employees > 0 (VAT, income and other declarations),Salary or number of employees> 0 (Salary announcements), Has a profit or loss (profit declaration), Pays any tax except for property taxes. The table below shows the business entity destribution in Georgia by legal status.

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World bank Project Doing Business grants each country the appropriate position depending on their ease of doing business. The ranking of 2017 presents the assessments of 190 countries. The higher the country’s rating, the more favourable business environment is for starting a business and further business activities. The total rating of …

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The EU and Georgia signed an Association Agreement on 27 June 2014. It has entered into force since 1 July 2016. The agreement introduces a preferential trade regime – the Deep and Comprehensive Free Trade Area (DCFTA). This regime increases market access between the EU and Georgia based on having better-matched regulations. Declaration …

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The Corruption Perceptions Index (CPI) published by Transparency International ranks countries annually by their perceived levels of corruption, as determined by expert assessments and opinion surveys. It indicates corruption level (frequency/total volume of corruption transactions) in the political and social sectors. The Corruption Perceptions Index is based on the assessments of people engaged in business, analysts …

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