Global Competitiveness Report is an annual report published by the World Economic Forum that assesses the competitiveness landscape of 144 major and emerging world economies.

Global Competitiveness Report

Switzerland tops the overall ranking fourth year in a row.

The report was first published in 1979. Today it is the most comprehensive method of assessing national competitiveness worldwide.

Xavier Sala-i-Martin, Professor of Economics, Columbia University, says that the Global Competitiveness Report provides a window for long-term trends, and allows countries to see the key areas where they must act if they want to better the productivity that will “determine their economic future.”

The report measures a set of institutions, policies, and factors that set the current and medium-term levels of economic prosperity in each country. The World Economic Forum brings these measures together and analyses each country’s ability to provide levels of prosperity to its citizens. Levels of prosperity also depend on how effectively a country uses its available resources.