·
The World
Economic Forum (WEF) on October 16, 2018 released the Global Competitiveness
Report 2018. The report publishes the Global Competitiveness Index, ranking 140
countries.
·
On the list of
140 economies, the United States
topped the list with a score of 85.6, followed by Singapore and Germany
at the second and the third positions respectively.
·
India was ranked as the 58th most competitive economy with a score of 62.0 on
the Global Competitiveness Index 2018. India jumped five spots from 2017
·
India's greatest
competitive advantages include its market size and innovation.
·
India ranked highest among South Asian countries. Sri Lanka
was ranked 86th, Bangladesh 103rd, Pakistan 107th and
Nepal 109th.
·
Among the BRICS economies, China
topped the list at 28th place with a score of 72.6, followed by Russia, India,
South Africa and Brazil respectively.
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