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

Georgia  
Rank: 63 · Score: 53.8  

Basic facts, 2015        
Population (millions) 3.7   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 14.0   M&A volume (quartile) 2nd
GDP per capita (US$) 3,752.3   Venture capital investments (quartile) Bottom
GDP growth (per cent) 2.9   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 63 60, 59, 59, 59, 62 53.8
1 Economic Activity 98 42, 31, 24, 35, 27 74.3
2 Depth of Capital Market 68 59, 58, 57, 57, 57 39.6
3 Taxation 39 85, 97, 93, 87, 86 103.5
4 Investor Protection and Corporate Governance 34 66, 62, 71, 85, 91 73.3
5 Human and Social Environment 54 77, 74, 76, 73, 71 52.6
6 Entrepreneurial Opportunities 74 62, 57, 52, 49, 51 50.2


 
Historic performance, 2012-2016   Key driver performance, 2016

   

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
Bulgaria 81.3 51.0 94.9 57.1 47.7 58.5
Czech Republic 91.8 30.4 100.1 71.3 72.0 73.5
Slovakia 81.4 39.7 102.2 60.7 44.8 60.5
Georgia 74.3 39.6 103.5 73.3 52.6 50.2
Ukraine 57.5 50.5 101.9 46.2 29.8 56.0
Macedonia 53.7 26.6 103.0 68.5 62.5 58.1
Serbia 63.5 34.7 77.6 49.3 43.0 51.1
Last updated: 8 August 2016