Image default
Greek News

These are the most competitive economies in the world (infographic)

Last week, the World Economic Forum released its annual study on the competitiveness of the global economy. One of the most important takeaways from the report was an index ranking assessing the microeconomic and macroeconomic foundations of national competitiveness. The World Economic Forum benchmarked the competitiveness of 141 economies through 103 indicators (on a scale from 0 to 100) organized into 12 themes to determine how close an economy is to the “frontier” of competitiveness.

Singapore overtook to the United States to become the world’s most competitive economy in 2019, scoring 84.3 points out of 100 and doing particularly well across macroeconomic stability, infrastructure, innovation capability and its labor market. Even though the U.S. slipped into second place with 83.7 points, the report notes that it remains an “innovation powerhouse”, ranking first on the business dynamism pillar, second on innovation capability and first for finding skilled workers. Vietnam was one of the top performers over the past year, jumping 10 places since last year to rank 67th. It has been one of the winners of the bitter trade war between Washington and Beijing, seeing its exports from the U.S. climb 36 percent in the first five months of 2019.

source statista

Σχετικα αρθρα

Greek FinMin presents third package of economic support measures

admin

The government guarantees EUR 9 billion through a pillow for the banks

admin

TAP Pipeline: The land returns to its owners in Greece, Albania & Italy

admin

Watch PM Mitsotakis’s interview on Bloomberg TV (video)

admin

Retail store Christmas shopping hours in Athens

admin

How important is the iPhone to Apple? (infographic)

admin

Survey: Bread prices in Greece second lowest in Eurozone

admin

Greek shipowners outspend the Chinese paying $ 2.5 billion for ship acquisition

admin

The industries affected most by fake products (infographic)

admin

Huge budget surplus of over € 3 billion forecast for 9-month term

admin

Facebook offers $100 million to prop up news organisations

admin

Thomas Cook on brink of collapse as 180,000 risk being stranded

admin

500 Spain hotels ‘to close immediately’ after Thomas Cook fall

admin

Winter holiday homes in Greece see prices rebound

admin

Is Netflix facing a mass exodus? (infographic)

admin

Netflix splashes out huge sums for content (infographic)

admin

Greek government plans to inject a total of 10bn euros into economy amid coronavirus pandemic

admin

Turkey’s economy similar to before 2001 financial crash: Ex-central bank governor

admin