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Economy > Business efficiency (vs) Economy > Growth competitiveness score

VIEW DATA:   Comparison scatterplot  
Plot and variable details   Full screen   Printable version   
    Flags   Circles (same size)   Circles (by population)   Circles (by GDP)   Circles (by land area)  
6
Economy > Growth competitiveness score
3
30 Economy > Business efficiency 100

Move your mouse over the circles to view country names, and then click to view their profiles.
Note: It will take several minutes to draw this plot the first time you view it. After that all plots should appear much more quickly.
Strength of correlation (R squared): 0.755 (this correlation is significant)

X Axis Y Axis
Variable: Economy > Business efficiency Economy > Growth competitiveness score
Plot Display: Linear Logarithmic (base 10)
Definition: Based upon a business efficiency index where '100' represents the highest level of business efficiency. 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: IMD International, 2005 World economic forum - Global Competitiveness Report 2004-2005
Correlations:
      More correlations »     More correlations »
 

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