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Switzerland Tops World’s Most Competitive Countries Index (Yemen Least)

Something else ‘Murica is no longer #1 in…

A recently released World Economic Forum report has found that the global economy is recovering well nearly a decade on from the start of the global financial crisis with GDP growth hitting 3.5 percent in 2017. The eurozone in particular is regaining traction with 1.9 percent growth expected this year. As Statista’s Niall McCarthy points out, the improvement in Europe’s economic fortunes can be seen in the report and the following infographic which shows that six European economies are among the world’s ten most competitive.

World's Most and Least Competitive Countries, 2017 - 2018

World's Most and Least Competitive Countries, 2017 - 2018

You will find more statistics at Statista - Click to enlarge

The World Economic Forum defines national competitiveness as the set of institutions, policies and factors determining productivity levels.

Switzerland grabbed top spot in the report with an index score of 5.86 out of 7, recording strong and balanced results across the most important determining factors such as health, primary education and a reliable macroeconomic environment.

The United States comes second for national competitiveness, though the report notes that it needs to improve its macroeconomic environment as well as health and education, both of which scored poorly.

Eight of the world’s ten worst countries for national competitiveness were in Africa.

Yemen has been devasted by war in recent years and it comes bottom with a score of 2.87. It was followed by Mozambique and Chad, both of which had a score of less than three. The only other non-African country in the bottom ten was Haiti which scored 3.22.

World's Most and Least Competitive Countries, 2017 - 2018

World's Most and Least Competitive Countries, 2017 - 2018

- Click to enlarge

 

Full story here
Tyler Durden
ZeroHedges' Tyler Durden is the hero of Fight Club, the 1999 movie based on Chuck Palahniuk's novel that reflected Chuck's experience in the Cacophony Society Quote: "Goddamn it, an entire generation pumping gas, waiting tables, slaves with white collars. Advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don’t need. We’re the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our Great War’s a spiritual war… our Great Depression is our lives. We’ve all been raised on television to believe that one day we’d all be millionaires, and movie gods, and rock stars. But we won’t. And we’re slowly learning that fact. And we’re very, very pissed off." --> see more about Tyler on snbchf
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