2011 – 2012 Global Competitiveness Report



WEF

World Economic Forum (WEF) which is based in Geneva, Switzerland recently release “The Global Competitiveness Report 2011-2012”. The ranking is based on 12 pillars to measure the competitiveness for each countries.

The pillars are Institutions, Infrastructure, Macroeconomic environment, Health and primary education, Higher education and training, Goods market efficiency, Labor market efficiency, Financial market development, Technological readiness, Market size, Business sophistication & Innovation.

In the report, Malaysia at number 21st from 142 countries, up 5 position from 26th in 2010.

The table below is top 25 of the ranking.

Country Rank 2011 Score (2011) Rank 2010 Score (2010)
Switzerland 1 5.74 1 5.63
Singapore 2 5.63 3 5.48
Sweden 3 5.61 2 5.56
Finland 4 5.47 7 5.37
United States 5 5.43 4 5.43
Germany 6 5.41 5 5.39
Netherlands 7 5.41 8 5.33
Denmark 8 5.40 9 5.32
Japan 9 5.40 6 5.37
United Kingdom 10 5.39 12 5.25
Hong Kong 11 5.36 11 5.30
Canada 12 5.33 10 5.30
Taiwan 13 5.26 13 5.21
Qatar 14 5.24 17 5.10
Belgium 15 5.20 19 5.07
Norway 16 5.18 14 5.14
Saudi Arabia 17 5.17 21 4.95
France 18 5.14 15 5.13
Austria 19 5.14 18 5.09
Australia 20 5.11 16 5.11
Malaysia 21 5.08 26 4.88
Israel 22 5.07 24 4.91
Luxembourg 23 5.03 20 5.05
South Korea 24 5.02 22 4.93
New Zealand 25 4.93 23 4.92


Full report can be found at WEF webpage.


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