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The Global Competitiveness Report 2016–2017 | xiii
East Asia and
the Pacific Eurasia
Middle East
and North Africa
Europe
Latin America
and the Caribbean
North America South Asia
Sub-Saharan
Africa
Note: The Global Competitiveness Index captures the determinants of long-term growth. Recent developments (such as Brexit, commodity price changes, and market volatility) are reflected only
in-so-far as they have an impact on data measuring these determinants. The Index should be interpreted in this context.
1 Scale ranges from 1 to 7.
2 2015-2016 rank out of 140 economies.
3 Evolution in percentile rank since 2007.
The Global Competitiveness Index 2016–2017 Rankings
1
10
19
28
37
46
4
13
22
31
40
7
16
25
34
43
2
11
20
29
38
5
14
23
32
41
8
17
26
35
44
3
12
21
30
39
6
15
24
33
42
9
18
27
36
45
Economy Score1
Prev.2
Trend3
Switzerland 5.81 1
Singapore 5.72 2
United States 5.70 3
Netherlands 5.57 5
Germany 5.57 4
Sweden 5.53 9
United Kingdom 5.49 10
Japan 5.48 6
Hong Kong SAR 5.48 7
Finland 5.44 8
Norway 5.44 11
Denmark 5.35 12
New Zealand 5.31 16
Taiwan, China 5.28 15
Canada 5.27 13
United Arab Emirates 5.26 17
Belgium 5.25 19
Qatar 5.23 14
Austria 5.22 23
Luxembourg 5.20 20
France 5.20 22
Australia 5.19 21
Ireland 5.18 24
Israel 5.18 27
Malaysia 5.16 18
Korea, Rep. 5.03 26
Iceland 4.96 29
China 4.95 28
Saudi Arabia 4.84 25
Estonia 4.78 30
Czech Republic 4.72 31
Spain 4.68 33
Chile 4.64 35
Thailand 4.64 32
Lithuania 4.60 36
Poland 4.56 41
Azerbaijan 4.55 40
Kuwait 4.53 34
India 4.52 55
Malta 4.52 48
Indonesia 4.52 37
Panama 4.51 50
Russian Federation 4.51 45
Italy 4.50 43
Mauritius 4.49 46
Portugal 4.48 38
50
59
68
77
86
53
62
71
80
89
56
65
74
83
92
51
60
69
78
54
72
81
90
57
66
75
52
61
70
79
88
55
64
73
82
91
58
67
76
85
Economy Score1
Prev.2
Trend3
South Africa 4.47 49
Bahrain 4.47 39
Latvia 4.45 44
Bulgaria 4.44 54
Mexico 4.41 57
Rwanda 4.41 58
Kazakhstan 4.41 42
Costa Rica 4.41 52
Turkey 4.39 51
Slovenia 4.39 59
Philippines 4.36 47
Brunei Darussalam 4.35 n/a
Georgia 4.32 66
Vietnam 4.31 56
Colombia 4.30 61
Romania 4.30 53
Jordan 4.29 64
Botswana 4.29 71
Slovak Republic 4.28 67
Oman 4.28 62
Peru 4.23 69
Macedonia, FYR 4.23 60
Hungary 4.20 63
Morocco 4.20 72
Sri Lanka 4.19 68
Barbados 4.19 n/a
Uruguay 4.17 73
Croatia 4.15 77
Jamaica 4.13 86
Iran, Islamic Rep. 4.12 74
Tajikistan 4.12 80
Guatemala 4.08 78
Armenia 4.07 82
Albania 4.06 93
Brazil 4.06 75
Montenegro 4.05 70
Cyprus 4.04 65
Namibia 4.02 85
Ukraine 4.00 79
Greece 4.00 81
Algeria 3.98 87
Honduras 3.98 88
Cambodia 3.98 90
Serbia 3.97 94
Ecuador 3.96 76
Dominican Republic 3.94 98
84
48
63
87
49
47
Economy Score1
Prev.2
Trend3
Lao PDR 3.93 83
Trinidad and Tobago 3.93 89
Tunisia 3.92 92
Kenya 3.90 99
Bhutan 3.87 105
Nepal 3.87 100
Côte d’Ivoire 3.86 91
Moldova 3.86 84
Lebanon 3.84 101
Mongolia 3.84 104
Nicaragua 3.81 108
Argentina 3.81 106
El Salvador 3.81 95
Bangladesh 3.80 107
Bosnia & Herzegovina 3.80 111
Gabon 3.79 103
Ethiopia 3.77 109
Cape Verde 3.76 112
Kyrgyz Republic 3.75 102
Senegal 3.74 110
Uganda 3.69 115
Ghana 3.68 119
Egypt 3.67 116
Tanzania 3.67 120
Paraguay 3.65 118
Zambia 3.60 96
Cameroon 3.58 114
Lesotho 3.57 113
Bolivia 3.54 117
Pakistan 3.49 126
Gambia, The 3.47 123
Benin 3.47 122
Mali 3.46 127
Zimbabwe 3.41 125
Nigeria 3.39 124
Madagascar 3.33 130
Congo, Democratic Rep. 3.29 n/a
Venezuela 3.27 132
Liberia 3.21 129
Sierra Leone 3.16 137
Mozambique 3.13 133
Malawi 3.08 135
Burundi 3.06 136
Chad 2.95 139
Mauritania 2.94 138
Yemen 2.74 n/a
99
108
117
120
126
135
102
111
129
138
105
114
123
132
100
118
127
136
103
112
121
130
106
115
124
133
101
110
119
128
137
104
113
122
131
107
116
125
134
97
95
98
96
109
93
94

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The Global Competitiveness Report 2016-2017

  • 1. The Global Competitiveness Report 2016–2017 | xiii East Asia and the Pacific Eurasia Middle East and North Africa Europe Latin America and the Caribbean North America South Asia Sub-Saharan Africa Note: The Global Competitiveness Index captures the determinants of long-term growth. Recent developments (such as Brexit, commodity price changes, and market volatility) are reflected only in-so-far as they have an impact on data measuring these determinants. The Index should be interpreted in this context. 1 Scale ranges from 1 to 7. 2 2015-2016 rank out of 140 economies. 3 Evolution in percentile rank since 2007. The Global Competitiveness Index 2016–2017 Rankings 1 10 19 28 37 46 4 13 22 31 40 7 16 25 34 43 2 11 20 29 38 5 14 23 32 41 8 17 26 35 44 3 12 21 30 39 6 15 24 33 42 9 18 27 36 45 Economy Score1 Prev.2 Trend3 Switzerland 5.81 1 Singapore 5.72 2 United States 5.70 3 Netherlands 5.57 5 Germany 5.57 4 Sweden 5.53 9 United Kingdom 5.49 10 Japan 5.48 6 Hong Kong SAR 5.48 7 Finland 5.44 8 Norway 5.44 11 Denmark 5.35 12 New Zealand 5.31 16 Taiwan, China 5.28 15 Canada 5.27 13 United Arab Emirates 5.26 17 Belgium 5.25 19 Qatar 5.23 14 Austria 5.22 23 Luxembourg 5.20 20 France 5.20 22 Australia 5.19 21 Ireland 5.18 24 Israel 5.18 27 Malaysia 5.16 18 Korea, Rep. 5.03 26 Iceland 4.96 29 China 4.95 28 Saudi Arabia 4.84 25 Estonia 4.78 30 Czech Republic 4.72 31 Spain 4.68 33 Chile 4.64 35 Thailand 4.64 32 Lithuania 4.60 36 Poland 4.56 41 Azerbaijan 4.55 40 Kuwait 4.53 34 India 4.52 55 Malta 4.52 48 Indonesia 4.52 37 Panama 4.51 50 Russian Federation 4.51 45 Italy 4.50 43 Mauritius 4.49 46 Portugal 4.48 38 50 59 68 77 86 53 62 71 80 89 56 65 74 83 92 51 60 69 78 54 72 81 90 57 66 75 52 61 70 79 88 55 64 73 82 91 58 67 76 85 Economy Score1 Prev.2 Trend3 South Africa 4.47 49 Bahrain 4.47 39 Latvia 4.45 44 Bulgaria 4.44 54 Mexico 4.41 57 Rwanda 4.41 58 Kazakhstan 4.41 42 Costa Rica 4.41 52 Turkey 4.39 51 Slovenia 4.39 59 Philippines 4.36 47 Brunei Darussalam 4.35 n/a Georgia 4.32 66 Vietnam 4.31 56 Colombia 4.30 61 Romania 4.30 53 Jordan 4.29 64 Botswana 4.29 71 Slovak Republic 4.28 67 Oman 4.28 62 Peru 4.23 69 Macedonia, FYR 4.23 60 Hungary 4.20 63 Morocco 4.20 72 Sri Lanka 4.19 68 Barbados 4.19 n/a Uruguay 4.17 73 Croatia 4.15 77 Jamaica 4.13 86 Iran, Islamic Rep. 4.12 74 Tajikistan 4.12 80 Guatemala 4.08 78 Armenia 4.07 82 Albania 4.06 93 Brazil 4.06 75 Montenegro 4.05 70 Cyprus 4.04 65 Namibia 4.02 85 Ukraine 4.00 79 Greece 4.00 81 Algeria 3.98 87 Honduras 3.98 88 Cambodia 3.98 90 Serbia 3.97 94 Ecuador 3.96 76 Dominican Republic 3.94 98 84 48 63 87 49 47 Economy Score1 Prev.2 Trend3 Lao PDR 3.93 83 Trinidad and Tobago 3.93 89 Tunisia 3.92 92 Kenya 3.90 99 Bhutan 3.87 105 Nepal 3.87 100 Côte d’Ivoire 3.86 91 Moldova 3.86 84 Lebanon 3.84 101 Mongolia 3.84 104 Nicaragua 3.81 108 Argentina 3.81 106 El Salvador 3.81 95 Bangladesh 3.80 107 Bosnia & Herzegovina 3.80 111 Gabon 3.79 103 Ethiopia 3.77 109 Cape Verde 3.76 112 Kyrgyz Republic 3.75 102 Senegal 3.74 110 Uganda 3.69 115 Ghana 3.68 119 Egypt 3.67 116 Tanzania 3.67 120 Paraguay 3.65 118 Zambia 3.60 96 Cameroon 3.58 114 Lesotho 3.57 113 Bolivia 3.54 117 Pakistan 3.49 126 Gambia, The 3.47 123 Benin 3.47 122 Mali 3.46 127 Zimbabwe 3.41 125 Nigeria 3.39 124 Madagascar 3.33 130 Congo, Democratic Rep. 3.29 n/a Venezuela 3.27 132 Liberia 3.21 129 Sierra Leone 3.16 137 Mozambique 3.13 133 Malawi 3.08 135 Burundi 3.06 136 Chad 2.95 139 Mauritania 2.94 138 Yemen 2.74 n/a 99 108 117 120 126 135 102 111 129 138 105 114 123 132 100 118 127 136 103 112 121 130 106 115 124 133 101 110 119 128 137 104 113 122 131 107 116 125 134 97 95 98 96 109 93 94