US has topped the Global Competitiveness Index 4.0 Rankings list with 85.6 points.
The rankings are followed by Singapore and Germany at second (83.5) and third (82.8) positions consecutively.
The United States of America has topped the World Economic Forum (WEF)’s Global Competitiveness Index 4.0 Rankings list with 85.6, the highest score in the list.
The rankings are followed by Singapore and Germany at second (83.5) and third (82.8) positions consecutively.
Switzerland occupies fourth sport with 82.6 points followed by Japan (82.5), Netherlands (82.4) and Hong Kong SAR (82.3).
The United Kingdom, Sweden and Denmark come in at 8th, 9th and 10th spots respectively.
The report strongly recommends that all nations should focus on investing in broader measures of competitiveness to sustain growth and income.
Here’s the list of top 10 nations with highest scores in WEF’s Global Competitiveness Index rankings.
| Rank | Economy/Country | Score |
| 10 | Denmark | 80.6 |
| 9 | Sweden | 81.7 |
| 8 | United Kingdom | 82.0 |
| 7 | Hong Kong, SAR | 82.3 |
| 6 | Netherlands | 82.4 |
| 5 | Japan | 82.5 |
| 4 | Switzerland | 82.6 |
| 3 | Germany | 82.8 |
| 2 | Singapore | 83.5 |
| 1 | United States | 85.6 |
The Global Competitiveness index 4.0 captures the determinants of long-term growth.
Results should be interpreted in this context.
- Scale ranges from 0 to 100.
- Rank and score differences with 2017 index, calculated using the GCI 4.0 methodology.
Covering 140 economies, the Global Competitiveness Index 4.0 measures national competitiveness- defined as the set of institutions, policies and factors that determine the level of productivity or economic prosperity.
