The global competitiveness is calculated to capture long-term growth determinates. It is calculated using 114 indicators capturing “concepts that matter for productivity and long-term prosperity” with indicators grouped into 12 pillars that include institutions, infrastructure, macroeconomic environment, health, education, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size, business sophistication and innovation.
Here are the most globally competitive countries:
1. Switzerland: 5.81
2. Singapore: 5.72
3. United States: 5.7
4. Netherlands: 5.57
5. Germany: 5.57
6. Sweden: 5.53
7. United Kingdom: 5.49
8. Japan: 5.48
9. Hong Kong SAR: 5.48
10. Finland: 5.44
11. Norway: 5.44
12. Denmark: 5.35
13. New Zealand: 5.31
14. Chinese Taipei: 5.28
15. Canada: 5.27
16. United Arab Emirates: 5.26
17. Belgium: 5.25
18. Qatar: 5.23
19. Austria: 5.22
20: Luxembourg: 5.2
21. France: 5.2
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