Global Competitive Index

On 9 October, 2019 the World Economic Forum (WEF) released the Global Competitiveness Index 2019 also hailed as GCI 4.0.

Findings of Global Competitiveness Index 2019

  • Singapore is the world’s most competitive economy in 2019, pushing the US to the second place. India is ranked at 68th position.
  • Hong Kong Special Administrative Region (SAR) is ranked 3rd, followed by Netherlands and Switzerland at 4th and 5th rank respectively.
  • China is ranked 28th (the highest ranked among the BRICS).
  • Vietnam at 67th rank registered the highest improvement on the Index.
  • Asia-Pacific has been found to be the most competitive region in the world ....
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