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​Global Competitiveness Report 4.0 by WEF​

The World Economic Forum published brand new Index the Global Competitiveness Index 4.0. which replaces/supersede the previously called Global Competitiveness Report. The GCI 4.0 focuses on the fourth Industrial revolution as a path for countries competitiveness development. The report measures the competitiveness through different factors that determine an economy’s level of productivity.

The report ranks 141 countries across 12 pillars; Institutions, Infrastructure, ICT adoption, Macroeconomic stability, Health, Skills, Product market, Labour market, Financial system, Market size, Business dynamism and Innovation capability. The 12 pillars includes 103 indicators (70 % of weight based on hard data and 30% is based on surveys).

Top 10 Countries
  • 1. Singapore

  • 2. United States

  • 3. Hongkong

  • 4. Netherlands

  • 5. Switzerland

  • 6. Japan

  • 7. Germany

  • 8. Sweden

  • 9. United Kingdom

  • 10. Denmark

UAE in focus (2019)

T The UAE is ranked 25th globally, improving by 2 positions from last year’s report, and is leading the Arab region. The UAE scored 75 (out of 100), compared to the global leader’s (Singapore) score of 84.8. The report acknowledges UAE’s efforts in transport infrastructure and states that possible support by investments related to Expo 2020, is providing the country with one of the most modern transport systems in the world. This is complemented by UAE’s high performance in the following pillars; stable macroeconomic environment (1st globally), sound product market (4th) and infrastructure (12th). The UAE ranked in the top 10 globally in 34 out of 103 indicators

UAE ranked 1st globally in the following indicators

1st

Mobile-broadband Subscriptions /100 pop

1st

“Low” Inflation

1st

Debt dynamics Credit gap

1st

Credit gap
UAE’s performance across the 12 pillars:

1st

Macroeconomic

2nd

ICT adoption

4th

Product market

12th

Infrastructure

15th

Institutions

32nd

Market Size

31st

Financial System

31st

Business dynamism

33th

Innovation capability

34th

Labour Market

39th

Skills

92nd

Health
GCC Rankings

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