New businesses registered in terms of a number of limited companies reached 17,905 firms in 2020 in Georgia, according to the National Statistical Office. This is 20.7% less than in the previous year.
Historically, new businesses registered in terms of a number of limited companies in Georgia reached an all time high of 25,554 firms in 2017 and an all time low of 3,231 firms in 2004.
Georgia has been ranked 47th within the group of 111 countries we follow in terms of new businesses registered in terms of a number of limited companies.
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