The investment rating includes 12 economic regions of Georgia, among them are Tbilisi, the Autonomous Republic of Adjara, the Autonomous Republic of Abkhazia, Guria, Imereti, Kakheti, Mtskheta-Mtianeti, Racha-Lechkhumi and Kvemo Svaneti, Samegrelo-Zemo Svaneti, Samtskhe-Javakheti, Kvemo Kartli, Shida Kartli. The rating is ranked by 13 parameters divided into 6 groups: social-demographic characteristics, socioeconomic situation, business climate, infrastructure, comfort of hotel and tourism facilities and agriculture. Tbilisi came in top place among the regions which reached the highest total score. Imereti and Samegrelo – Zemo Svaneti have shared the second place.
Besides, Tbilisi won the rating by a small margin – just for 0.2 points. The same goes for other regions, which indicates an equal economic development of Georgia’s regions and the capital. With the stable socio-demographic indicators, as well as the number of higher and secondary educational institutions fixed over the last 3 years, it is noteworthy that Tbilisi comes last in the rating in terms of the number of secondary educational institutions per capita. Financial turnover and fixed capital investment of Tbilisi and two regions, which took the second place, differ vastly. The regions’ indicators are three times lower than those of the capital of Georgia.
At the same time, the banking sector of Georgia is progressing unevenly with most of activity witnessed in the capital. Thus, the number of banks in the leading regions is almost twice as low as in Tbilisi. Interestingly, the entrepreneurial activity is developing more rapidly in Tbilisi, Imereti and Adjara, the regions with a developed banking system. This owes to high indicators of the tourism development, as well as active development of industry in Imereti, infrastructure and transport sector in Adjara.
Meanwhile, the per capita GDP data of Tbilisi residents exceed this indicator in the regions by 30%. Adjara (infrastructure construction) comes second on this indicator, Samegrelo – Zemo Svaneti (transport and communications) goes third.
The gross value added structure represented by major fields brings Mtskheta-Mtianeti region, followed by Kvemo-Kartli and Samtskhe-Javakheti, to the first place. Besides, it is the industry sector leading in the first two regions while in Samtskhe-Javakheti it is the agroindustrial sector. The number of built roads is higher in Samegrelo-Zemo Svaneti, Kakheti and Kvemo Kartli.
Tbilisi, Adjara and Imereti are the rating leaders in terms of the number of hotels and tourism infrastructure.
