Periodically, the World Economic Forum publishes its Global Competitiveness Report. This study is a ranking that uses information from 140 countries to produce the Global Competitiveness Index (GCI). For another year, Switzerland comes top, followed by Singapore and the United States.
In fact,
Switzerland has been at the top of the league since 2008. The ranking takes into consideration different criteria, such as institutions, infrastructure, primary education, health, the macro-economy and market efficiency. Singapore and the US join the central European country on the podium of global competitiveness. One key feature of the ranking is that the Top 10 contains six European countries.
Spain has improved its position in recent years, rising two places to 33rd place in this latest ranking. This has meant that Spain has leapfrogged countries such as Chile, but still trails behind the likes of Saudi Arabia, Iceland and Thailand.
The following are the most competitive countries in the world, according to the World Economic Forum:
1. Switzerland
2. Singapore
3. United States
4. Germany
5. Netherlands
6. Japan
7. Hong Kong
8. Finland
9. Sweden
10. United Kingdom
11. Norway
12. Denmark
13. Canada
14. Qatar
15. Taiwan
16. New Zealand
17. United Arab Emirates
18. Malaysia
19. Belgium
20. Luxembourg
...
33. Spain
...
140. Guinea