Global Competitiveness Index. Rank (Out of 131 countries/economies) Score (Out of 7) Global Competitiveness Index

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1 Global Competitiveness Index Rank (Out of 131 countries/economies) Score (Out of 7) Global Competitiveness Index Global Competitiveness Index (out of 122) Subindex A: Basic requirements st pillar: Institutions nd pillar: Infrastructure rd pillar: Macroeconomic stability th pillar: Health and primary education Subindex B: Efficiency enhancers th pillar: Higher education and training th pillar: Goods market efficiency th pillar: Labor market efficiency th pillar: Financial market sophistication th pillar: Technological readiness th pillar: Market size

2 Subindex C: Innovation and sophistication factors th pillar: Business sophistication th pillar: Innovation Rank (Out of 131 countries/economies) Business Competitiveness Index Sophistication of company operations and strategy 70 Quality of the national business environment 82 The Most Problematic Factors for Doing Business Percent of responses Note: From a list of 14 factors, respondents were asked to select the five most problematic for doing business in their country and to rank them between 1 (most problematic) and 5. The bars in the figure show the responses weighted according to their rankings. National competitiveness balance sheet NOTABLE COMPETITIVE ADVANTAGES Rank/131 2nd pillar: Infrastructure Available seat kilometers (hard data) 47 3rd pillar: Macroeconomic stability Inflation (hard data) Government surplus/deficit (hard data) Government debt (hard data) 47

3 4th pillar: Health and primary education Primary enrollment (hard data) 35 5th pillar: Higher education and training Quality of management schools Secondary enrollment (hard data) 50 6th pillar: Goods market efficiency Prevalence of foreign ownership Business impact of rules on FDI Total tax rate (hard data) 48 7th pillar: Labor market efficiency Flexibility of wage determination Non-wage labor costs (hard data) 30 8th pillar: Financial market sophistication Strength of investor protection (hard data) Restriction on capital flows Regulation of securities exchanges Soundness of banks Financing through local equity market 49 10th pillar: Market size Domestic market size index (hard data) 48 11th pillar: Business sophistication Local supplier quantity Local supplier quality 47 NOTABLE COMPETITIVE DISADVANTAGES Rank/131 1st pillar: Institutions Burden of government regulation Efficiency of legal framework Judicial independence Public trust of politicians Reliability of police services Business costs of crime and violence Intellectual property protection Property rights Organized crime Business costs of terrorism 97

4 01.03 Diversion of public funds Transparency of government policymaking Wastefulness of government spending Favoritism in decisions of government officials Protection of minority shareholders interests Ethical behavior of firms Strength of auditing and reporting standards Efficacy of corporate boards 63 2nd pillar: Infrastructure Quality of port infrastructure Quality of overall infrastructure Quality of air transport infrastructure Quality of roads Quality of railroad infrastructure Telephone lines (hard data) Quality of electricity supply 66 3rd pillar: Macroeconomic stability Interest rate spread (hard data) National savings rate (hard data) 60 4th pillar: Health and primary education Quality of primary education Malaria incidence (hard data) Tuberculosis incidence (hard data) Business impact of tuberculosis Education expenditure (hard data) HIV prevalence (hard data) Infant mortality (hard data) Business impact of malaria Life expectancy (hard data) Business impact of HIV/AIDS 68 5th pillar: Higher education and training Quality of math and science education Quality of the educational system Extent of staff training Local availability of specialized research and training services Internet access in schools Tertiary enrollment (hard data) 57 6th pillar: Goods market efficiency Time required to start a business (hard data) Extent and effect of taxation 92

5 06.02 Extent of market dominance Burden of customs procedures Prevalence of trade barriers Trade-weighted tariff rate (hard data) Number of procedures required to start a business (hard data) Effectiveness of anti-monopoly policy Buyer sophistication Agricultural policy costs Degree of customer orientation Intensity of local competition 53 7th pillar: Labor market efficiency Rigidity of employment (hard data) Hiring and firing practices Cooperation in labor-employer relations Brain drain Firing costs (hard data) Pay and productivity Reliance on professional management Female participation in labor force (hard data) 71 8th pillar: Financial market sophistication Legal rights index (hard data) Venture capital availability Ease of access to loans Financial market sophistication 60 9th pillar: Technological readiness Mobile telephone subscribers (hard data) Firm-level technology absorption Availability of latest technologies Laws relating to ICT Internet users (hard data) Personal computers (hard data) Broadband Internet subscribers (hard data) FDI and technology transfer 51 10th pillar: Market size Foreign market size index (hard data) 58 11th pillar: Business sophistication Nature of competitive advantage State of cluster development Value chain breadth Production process sophistication 74

6 11.09 Willingness to delegate authority Control of international distribution Extent of marketing 58 12th pillar: Innovation Quality of scientific research institutions Government procurement of advanced technology products University-industry research collaboration Availability of scientists and engineers Utility patents (hard data) Company spending on R&D Capacity for innovation 67

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