The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Georgia  
Rank: 61 · Score: 53.7  

Basic facts, 2017        
Population (millions) 3.7   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 14.3   M&A volume (quartile) 2nd
GDP per capita (US$) 3,873.7   Venture capital investments (quartile) Bottom
GDP growth (per cent) 5.2   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 61 56, 53, 60, 63, 64 53.7
1 Economic Activity 96 21, 30, 24, 24, 29 61.2
2 Depth of Capital Market 70 49, 45, 52, 53, 55 42.6
3 Taxation 38 93, 87, 86, 89, 87 104.4
4 Investor Protection and Corporate Governance 31 71, 86, 92, 94, 94 72.5
5 Human and Social Environment 45 81, 82, 84, 87, 80 53.3
6 Entrepreneurial Opportunities 73 50, 45, 49, 56, 52 50.4


 
Historic performance, 2014-2018   Key driver performance, 2018

   

VCPE Rank  
VC Rank  
PE Rank
Georgia  
Eastern Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Hungary 81.3 46.6 101.5 57.4 52.6 59.9
Bulgaria 72.6 51.4 93.0 57.6 47.0 58.2
Slovenia 72.5 30.7 115.0 67.4 62.5 72.6
Georgia 61.2 42.6 104.4 72.5 53.3 50.4
Croatia 65.6 48.1 91.1 57.1 36.0 52.4
Slovakia 73.7 34.7 103.7 58.1 44.3 58.6
Macedonia 39.3 29.5 103.3 67.5 58.5 51.6
Last updated: 4 Feb 2018