Georgia - Informality

Firms competing against unregistered firms (% of firms)

Definition: Firms competing against unregistered firms are the percentage of firms competing against unregistered or informal firms.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2008 52.20
2013 56.30
2019 22.40

Firms formally registered when operations started (% of firms)

Definition: Firms formally registered when operations started are the percentage of firms formally registered when they started operations in the country.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2008 99.60
2013 96.80
2019 99.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment