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Economy Statistics > Growth competitiveness score (most recent) by country

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Showing latest available data.
Rank   Countries  Amount 
# 1   Finland: 5.95 
# 2   United States: 5.82 
# 3   Sweden: 5.72 
# 4   Taiwan: 5.69 
# 5   Denmark: 5.66 
= 6   Singapore: 5.56 
= 6   Norway: 5.56 
# 8   Switzerland: 5.49 
# 9   Japan: 5.48 
# 10   Iceland: 5.44 
= 11   Netherlands: 5.3 
= 11   United Kingdom: 5.3 
# 13   Germany: 5.28 
# 14   Australia: 5.25 
# 15   Canada: 5.23 
# 16   United Arab Emirates: 5.21 
# 17   Austria: 5.2 
# 18   New Zealand: 5.18 
# 19   Israel: 5.09 
# 20   Estonia: 5.08 
# 21   Hong Kong: 5.06 
# 22   Chile: 5.01 
# 23   Spain: 5 
# 24   Portugal: 4.96 
= 25   Luxembourg: 4.95 
= 25   Belgium: 4.95 
# 27   France: 4.92 
# 28   Bahrain: 4.91 
# 29   Ireland: 4.9 
# 30   Malaysia: 4.88 
# 31   Malta: 4.79 
# 32   Slovenia: 4.75 
= 33   Jordan: 4.58 
= 33   Thailand: 4.58 
# 35   Lithuania: 4.57 
= 36   Greece: 4.56 
= 36   Hungary: 4.56 
# 38   Czech Republic: 4.55 
# 39   South Africa: 4.53 
# 40   Tunisia: 4.51 
= 41   Slovakia: 4.43 
= 41   Latvia: 4.43 
# 43   Botswana: 4.3 
# 44   China: 4.29 
# 45   Italy: 4.27 
# 46   Mexico: 4.17 
# 47   Mauritius: 4.14 
= 48   Costa Rica: 4.12 
= 48   Trinidad and Tobago: 4.12 
# 50   Namibia: 4.11 
# 51   El Salvador: 4.1 
# 52   Uruguay: 4.08 
# 53   India: 4.07 
# 54   Morocco: 4.06 
# 55   Brazil: 4.05 
# 56   Panama: 4.01 
= 57   Poland: 3.98 
= 57   Bulgaria: 3.98 
# 59   Croatia: 3.94 
# 60   Egypt: 3.88 
# 61   Romania: 3.86 
# 62   Colombia: 3.84 
= 63   Jamaica: 3.82 
= 63   Turkey: 3.82 
# 65   Cyprus: 3.8 
= 66   Ghana: 3.78 
= 66   Peru: 3.78 
# 68   Indonesia: 3.72 
# 69   Russia: 3.68 
# 70   Algeria: 3.67 
# 71   Dominican Republic: 3.63 
# 72   Sri Lanka: 3.57 
# 73   Argentina: 3.54 
# 74   Gambia, The: 3.52 
# 75   Philippines: 3.51 
# 76   Vietnam: 3.47 
# 77   Kenya: 3.45 
# 78   Uganda: 3.41 
= 79   Guatemala: 3.38 
= 79   Tanzania: 3.38 
# 81   Zambia: 3.36 
# 82   Macedonia, Republic of: 3.34 
# 83   Venezuela: 3.3 
# 84   Ukraine: 3.27 
= 85   Malawi: 3.24 
= 85   Mali: 3.24 
# 87   Serbia and Montenegro: 3.23 
# 88   Ecuador: 3.18 
= 89   Mozambique: 3.17 
= 89   Pakistan: 3.17 
# 91   Nigeria: 3.16 
# 92   Georgia: 3.14 
# 93   Nicaragua: 3.12 
# 94   Madagascar: 3.11 
# 95   Honduras: 3.1 
# 96   Bolivia: 3.09 
# 97   Zimbabwe: 3.03 
# 98   Paraguay: 2.99 
# 99   Ethiopia: 2.93 
# 100   Bangladesh: 2.84 
# 101   Angola: 2.72 
# 102   Chad: 2.5 
Weighted average: 4.2  



DEFINITION: The GCI, or the Growth competitiveness index, is composed of three pillars, all of which are widely accepted as being critical to economic growth: the quality of the macroeconomic environment, the state of a country's public institutions, and, given the increasing importance of technology in the development process, a country's technological readiness. The GCI aims specifically to gauge the ability of the world's economies to achieve sustained economic growth over the medium to long term.

SOURCE: World economic forum - Global Competitiveness Report 2004-2005

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COMMENTARY     

Nick. Court (Melksham, Wiltshire, U.K)
20th July 2006 		I'm pleased to see Chile so high, yet not pleased (and surprised to see Algeria so low.
Ian Graham
Staff Editor
7th April 2005 		Germany’s Ifo Group, an economic consulting and research organization, produces a monthly index that measures German business sentiment about the economy and expectations for the future. More than 7,000 German businesses assess the current business climate and their expectations for the next six months. The weighted responses create an index showing the level of optimism and pessimism and how many respondents gave the highest and lowest ratings.

In 171 reports since 1991, future expectations were positive 43 times, while current situation assessments were optimistic 15 times. Assessments of the current situation have been positive only once since February 1992.

Recently, the pessimism has been justified. Germany’s economy grew 0.8 percent in 2001, 0.1 percent in 2002, negative 0.1 percent in 2003, and 1.7 percent in 2004. Recently, the European Commission estimated growth in the EU to be 1.6 percent in 2005, with Germany's economy expected to grow just 0.8 percent.

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