TBILISI, DFWatch–Georgia has improved its position on the Global Retail Development Index, a list of the most prospective countries for investing in retail trade.

Georgia has climbed one place and is now number seven among 30 developing countries.

The index is published every year by consulting Company A.T. Kearney. The listed countries are evaluated according to a set of parameters that includes macroeconomic ones.

Armenia is one position ahead of Georgia, while Russia is in twelfth place, and Azerbaijan is last.

Chile is number one on the list, followed by China and Uruguay.