Georgia`s economic freedom score is 69.6, making its economy the 35th freest in the 2026 Index of Economic Freedom. Its rating has increased by 0.6 point from last year, and Georgia is ranked 20th out of 44 countries in the Europe region. The country`s economic freedom score is higher than the world and regional averages. Georgia`s economy is considered "moderately free" according to the 2026 Index.

Despite external and political challenges, Georgia`s economy performs relatively well in key economic policy areas. The government has implemented reforms to enhance regulatory efficiency and maintains open-market policies and low tax rates. The economy has demonstrated a modest level of resilience. However, institutional weaknesses still require much more committed reform as marginal reforms have failed to generate much improvement. Public spending has been growing as a share of GDP, and the budget balance has been negative. Inflation has been relatively high.

-Overall rule of law is relatively well respected in Georgia. Country`s property rights score is above the world average; its judicial effectiveness score is above the world average; its government integrity score is above the world average.

-The top individual income tax rate is 20%, and the top corporate tax rate is 15%. The tax burden equals 24.4% of GDP. Three-year government spending and budget balance averages are, respectively, 29.5% and –2.3% of GDP. Public debt amounts to 36.1% of GDP.

-Georgia`s overall regulatory environment is well institutionalized and relatively efficient. The country`s business freedom score is far above the world average; its labor freedom score is above the world average; and its monetary freedom score is above the world average.

-The trade-weighted average tariff rate is 1.6 percent, and various nontariff measures are in force. There are some restrictions on foreign ownership of agricultural land. Access to financing has improved in the growing banking sector. Capital markets continue to evolve, but the stock exchange remains small.