The world economic forums global competitiveness index gauges the productivity of an economy by examining the institutions, policies, and other factors that drive output. Launched in 2010 and updated every three years, the regional competitiveness index rci allows regions to monitor and assess their development over time and in comparison with other regions. Competitiveness ataglance rapid, private sectorled growth is essential for ending extreme poverty and boosting shared prosperity, the world bank groups twin goals. It describes itself as an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. The global competitiveness index gci is one of three indicators used to evaluate social.
The index is an annual yardstick for policymakers to look beyond shortterm and reactionary measures. The new index sheds light on an emerging set of drivers of productivity and longterm growth in the era of the fourth industrial revolution. Gtci report 2020 global talent in the age of artificial. The united states ranks first in labor market efficiency, market size, and innovation but is thirtyfourth out of 1 countries in health and primary education. Gross savings as a percent of gdp in china is the second largest in the world at 46 percent, behind only brunei at 57 percent. Stata module to read global competitiveness index data into stata, statistical software components s458488, boston college department of economics. The 2018 edition of the global competitiveness report represents a milestone in the fourdecade history of the series, with the introduction of the new global competitiveness index 4. For information on how the gtci scoring is calculated, the data sources and for the full methodology please view here. The global competitiveness index 20172018 presents a framework and a corresponding set of indicators in three principal categories subindexes and twelve policy domains pillars for 7 economies. This page provides the latest reported value for saudi arabia competitiveness index plus. Highlights of the global sustainable competitiveness report 2019. The us has slipped to fourth from second in the world economic forums global competitiveness index gci overtaken by sweden and singapore. Select a country, switch toggle to view 5 strongest and 5 weakest indicators.
Global competitiveness ranking 2018 by the world economic forum summarized into a single power bi page. Gci a project of the world economic forum wef created to analyzes the economic foundations of nearly all countries in order to evaluate each countrys competitiveness for achieving sustained economic productivity, growth and prosperity schwab 2011. For that indicator, the world economic forum provides data for saudi arabia from 2007 to 2017. Brazil experienced a yearonyear average growth rate of 0. Stata module to read global competitiveness index data. The module is made available under terms of the gpl v3. The global competitiveness report gcr has long been. India, which was ranked 58th in the annual global competitiveness index compiled by genevabased world economic forum wef, is among the worst. Now in its third year, the imd world digital competitiveness ranking measures the capacity and readiness of 63 economies to adopt and explore digital technologies as a key driver for economic transformation in business, government and wider society. The european competitiveness index competitiveness is defined as the capability of an economy to maintain increasing standards of living for those who participate in it, by attracting and.
The world economic forum has launched the global competitiveness report 2019. The gsci therefore is a much more inclusive and comprehensive measurement that conventional measurements, such as the gdp. All indicators are measured asis latest available data as well as the development over the most recent 10 years. The gci is a composite index calculated by averaging scores for data within 12 pillars of economic competitiveness. The global competitiveness index 20152016 presents a framework and a corresponding set of indicators in three principal policy domains pillars and twelve subdomains subpillars for 140 countries.
The world knowledge competitiveness index was first introduced in 2002, and is now published biennially, with the 2008 edition now available for download. The global talent competitiveness index 2019 v preface preface the global talent competitiveness index gtci report continues to gain in visibility around the world, and today has firmly established itself as a global benchmark for issues related to talent competitiveness and the future of. Stata module to read global competitiveness index data into stata. Since 2004, the global competitiveness report ranks countries based on the global competitiveness index, developed by xavier salaimartin and elsa v. The global competitiveness report gcr is a yearly report published by the world economic. The global competitiveness report 20072008 the global. Finally, we thank the 160 partner institutes, which help administer the executive opinion survey, the results of which provide invaluable data for. Global competitiveness report 2018 global infrastructure hub. This years global competitiveness report is the latest edition of the series launched in 1979 that provides an annual assessment of the drivers of productivity and longterm economic growth. The 2011 and 2012 global competitiveness index including data for the u. Global competitiveness index 20172018 chinapower project. As can be seen in the table, the united states tops its neighbouring country in every. Insight report the global competitiveness report 2018. How to calculate a global competitiveness index bizfluent.
The wef global competitiveness index gci has been the main reference framework for the construction of the rci. Providing 80 detailed metrics for 129 economies in 2019, the gii has become one of the leading references for measuring an economys innovation performance. The global talent competitiveness index gtci is a firmly established global benchmark for issues related to talent competitiveness and the future of work. The global sustainable competitiveness index is based on 111 quantitative performance indicators to ensure total subjectivity. Both northern american economiesthe united states 3rd and canada 15thfeature in the top 15 high performers of this years gtci. The global competitiveness report 20072008 alliance for. The global competitiveness report 20172018 v the global competitiveness report 20172018 comes out at a time when the global economy has started to show signs of recovery and yet policymakers and business leaders are concerned about the prospects for future economic growth. Oct 24, 2019 according to the data, the global competitiveness index peaked in the second quarter of 2014 at 100. Data sets have been scored both for the current levels as well.
The most used index is the global competitiveness index, gci, which is calculated by the world economic forum as. The most used index is the global competitiveness index, gci, which is calculated by the world economic forum as a basis for its global competitiveness report. The global sustainable competitiveness index gsci measures competitiveness of countries in an integrated way. For comparison, the world average in 2017 based on 7 countries is. India has moved down 10 places to rank 68th on an annual global competitiveness index, largely due to improvements witnessed by several other economies, while singapore has replaced the us as the worlds most competitive economy. These are, in turn, organized into three subindices in line with. Data for the report has been sourced from the world economic forum report, transformed using power bi.
We use cookies on kaggle to deliver our services, analyze web traffic, and improve your experience on the site. Ethiopia competitiveness index 20072019 data 20202022. Vietnam competitiveness index 20072019 data 20202022. Nov 07, 2019 the global competitiveness index is based on twelve pillars of competitiveness, such as technology levels, infrastructure, labor market efficiency, etc. The average value for saudi arabia during that period was 4. Bush institute advocates for free market policies that promote further economic integration among the u. Global competitiveness can be understood as a process in which advanced levels of competitiveness are achieved at different levels, that is, at firm, regional and national levels. The global competitiveness index 20172018 presents a framework and a corresponding set of indicators in three principal categories subindexes and twelve policy domains pillars for. The global competitiveness report gcr is a yearly report published by the world economic forum. Global competitiveness indexes are used by businesses to decide which countries are more receptive to investment and more likely to provide a good return. The global competitiveness report 2018 reports world. Before that, the macroeconomic ranks were based on jeffrey sachss growth development index and the. Oct 09, 2019 the global competitiveness index gci, which was launched in 1979, maps the competitiveness landscape of 141 economies through 103 indicators organised into 12 pillars.
Global data and statistics, research and publications, and topics in poverty and development. Insight report the global competitiveness report 2019. The worlds total global competitiveness rank was estimated at 8,326 rank in 2018. Regional competitiveness is the ability of a region to offer an attractive and sustainable environment for firms and residents to live and work. The world economic forum wef has based its competitiveness analysis on the global competitiveness index gci since 2005. The global sustainable competitiveness index 2019 research. For the past three decades, economic growth centered on strong contributions from the private sector has been the main driver of poverty reduction around the world. Global competitiveness ranking 2018 interactive power bi. The imd world digital competitiveness ranking 2019 results. Pdf moving to a new global competitiveness index researchgate. Contrary to a gdp ranking, the sustainable competitiveness score is based on scoring current performance data as well as performance trends increasedecrease over the past 5 years.
Competitiveness index reports centre for international. Now in its third year, the imd world digital competitiveness ranking measures the capacity and readiness of 63 economies to adopt and explore digital technologies as a key driver for economic transformation. Downloads the global competitiveness report 2018 reports. The gci measures the microeconomic and macroeconomic foundations of national competitiveness defined as the set of. As such, competitiveness becomes global when it affects large parts of the world. This choice has been driven by the fact that gci is the most internationally recognized and acclaimed index in the field of competitiveness and its framework covers a very comprehensive set of aspects relevant to competitiveness. Algeria competitiveness index 20072019 data 20202022. Singapore has become the worlds most competitive economy in 2019, pushing the us to the second place. In the first quarter of 2019, the index was equal to 98. This module should be installed from within stata by typing ssc install gciget. Ivory coast competitiveness index 20092019 data 20202022.
Qatar competitiveness index 20072019 data 20202022. Saudi arabia competitiveness index 20082019 data 2020. The global competitiveness report 2019 bizknowledge watch. According to the data, the global competitiveness index peaked in the second quarter of 2014 at 100. Jan 23, 2007 rebounding from a sixth place finish last year, the united states knocked switzerland off of the top spot in the in the world economic forums global competitiveness index gci. Apr 04, 2019 the 2018 edition of the global competitiveness report represents a milestone in the fourdecade history of the series, with the introduction of the new global competitiveness index 4. This page provides the latest reported value for algeria competitiveness index plus previous releases. The global competitiveness index integrates the macroeconomic and the microbusiness. Executive summary the 2019 edition of the global competitiveness report series, first launched in 1979, features the global competitiveness index 4. This page provides the latest reported value for ethiopia competitiveness index plus previous releases. Insight report the global competitiveness report 20172018.
For that indicator, the world economic forum provides data for italy from 2006 to 2017. Global competitiveness index govdata360 data governance. The world economic forum wef is a swiss nonprofit foundation, based in cologny, geneva. All data sets are scored for the latest available data as well as the development over the last 10 years. Addressing the theme of global talent in the age of artificial intelligence, this seventh edition of gtci explores how the development of artificial intelligence ai is changing the nature of work and forcing a reevaluation of workplace practices, corporate structures and innovation ecosystems. Creating healthy livesthe future of medical innovation the gii is a source of insight into the multidimensional facets of innovationdriven growth. The global competitiveness index is based on twelve pillars of competitiveness, such as technology levels, infrastructure, labor market efficiency, etc. The global competitiveness report series has evolved over the last three decades into the worlds most comprehensive and respected assessment of countries competitiveness, offering invaluable insights into the policies, institutions, and factors driving productivity and, thus. The global competitiveness index gci is one of three indicators used to evaluate social pressure and social resilience. This page provides the latest reported value for qatar competitiveness index plus previous releases. India slips 10 places on global competitiveness index.
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