Global Competitiveness Report 2003-2004

prepared annually by the World Economic Forum

Country Rankings 2003-2004

1. Finland
2. USA
3. Denmark
4. Sweden
5. Taiwan
6. Singapore
7. Switzerland
8. Iceland

9. Norway
10. Australia
11. Japan
12. Netherlands
13. Germany
14. New Zealand
15. United Kingdom

For the rest of the 102 countries ranked, plus the methodology used, see http://www.weforum.org/pdf/Gcr/GCR_2003_2004/Competitiveness_Rankings.pdf

These rankings correlate very highly with National Income per person, listed in http://www.worldfactsandfigures.com/gdp_country_desc.php

 

Several areas make up the GCI (Global Competitiveness Index) rating. For most countries, equal weight is given to the three items below. But for "core innovator" countries, half of their CGI index is determined by their technology index:

1. Technological progress (USA, Japan, Taiwan, Sweden, Switzerland, Israel, Finland, Germany, Canada, Singapore, Netherlands, Luxembourg, Denmark, Korea, Belgium, France, Austria, United Kingdom, Norway, Iceland, Australia, New Zealand, Ireland, Hong Kong, Italy are the 25 core innovator countries, ranked by technology)

2. Stable economic environment, including banking and national debt

3. Institutions effective: property rights, rule of law, lack of corruption

Sloan's comment: Surprisingly, a nation's average IQ is not included in the above list of competitiveness factors.   The findings in IQ and the Wealth of Nations show that IQ is an important wealth determining factor.

A ranking of countries on economic freedom shown below, gives another interestting comparison on the competiveness issue. http://www.heritage.org/research/features/index/countries.cfm

Hong Kong 1 [90.3] Albania 56 [63.3] Ivory Coast 111 [54.9] Singapore 2 [87.4] South Africa 57 [63.2] Nepal 112 [54.7] Ireland 3 [82.4] Jordan 58 [63.0] Croatia 113 [54.6] Australia 4 [82.0] Bulgaria 59 [62.9] Tajikistan 114 [54.5] United States 5 [80.6] Saudi Arabia 60 [62.8] India 115 [54.2] New Zealand 6 [80.2] Belize 61 [62.8] Rwanda 116 [54.1] Canada 7 [80.2] Mongolia 62 [62.8] Cameroon 117 [54.0] Chile 8 [79.8] United Arab Emirates 63 [62.8] Suriname 118 [53.9] Switzerland 9 [79.7] Italy 64 [62.5] Indonesia 119 [53.9] United Kingdom 10 [79.5] Madagascar 65 [62.4] Malawi 120 [53.8] Denmark 11 [79.2] Qatar 66 [62.2] Bosnia and Herzegovina 121 [53.7] Estonia 12 [77.8] Colombia 67 [61.9] Gabon 122 [53.6] Netherlands 13 [76.8] Romania 68 [61.5] Bolivia 123 [53.2] Iceland 14 [76.5] Fiji 69 [61.5] Ethiopia 124 [53.2] Luxembourg 15 [75.2] Kyrgyz Republic, The 70 [61.1] Yemen 125 [52.8] Finland 16 [74.8] Macedonia 71 [61.1] China 126 [52.8] Japan 17 [72.5] Namibia 72 [61.0] Guinea 127 [52.8] Mauritius 18 [72.3] Lebanon 73 [60.9] Niger 128 [52.7] Bahrain 19 [72.2] Turkey 74 [60.8] Equatorial Guinea 129 [52.5] Belgium 20 [71.5] Slovenia 75 [60.6] Uzbekistan 130 [52.3] Barbados 21 [71.3] Kazakhstan 76 [60.5] Djibouti 131 [52.3] Cyprus 22 [71.3] Paraguay 77 [60.5] Lesotho 132 [51.9] Germany 23 [71.2] Guatemala 78 [60.5] Ukraine 133 [51.1] Bahamas 24 [71.1] Honduras 79 [60.2] Russia 134 [49.9] Taiwan 25 [71.0] Greece 80 [60.1] Vietnam 135 [49.8] Lithuania 26 [70.8] Nicaragua 81 [60.0] Guyana 136 [49.4] Sweden 27 [70.4] Kenya 82 [59.6] Laos 137 [49.2] Armenia 28 [70.3] Poland 83 [59.5] Haiti 138 [48.9] Trinidad and Tobago 29 [70.2] Tunisia 84 [59.3] Sierra Leone 139 [48.9] Austria 30 [70.0] Egypt 85 [59.2] Togo 140 [48.8] Spain 31 [69.7] Swaziland 86 [58.9] Central African Republic 141 [48.2] Georgia 32 [69.2] Dominican Republic 87 [58.5] Chad 142 [47.7] El Salvador 33 [69.2] Cape Verde 88 [58.4] Angola 143 [47.1] Norway 34 [69.0] Moldova 89 [58.4] Syria 144 [46.6] Slovak Republic, The 35 [68.7] Sri Lanka 90 [58.3] Burundi 145 [46.3] Botswana 36 [68.6] Senegal 91 [58.2] Congo, Republic of 146 [45.2] Czech Republic 37 [68.5] Philippines, The 92 [56.9] Guinea Bissau 147 [45.1] Latvia 38 [68.3] Pakistan 93 [56.8] Venezuela 148 [45.0] Kuwait 39 [68.3] Ghana 94 [56.7] Bangladesh 149 [44.9] Uruguay 40 [68.1] Gambia, The 95 [56.6] Belarus 150 [44.7] Korea, South 41 [67.9] Mozambique 96 [56.6] Iran 151 [44.0] Oman 42 [67.4] Tanzania 97 [56.4] Turkmenistan 152 [43.4] Hungary 43 [67.2] Morocco 98 [56.4] Burma 153 [39.5] Mexico 44 [66.4] Zambia 99 [56.4] Libya 154 [38.7] Jamaica 45 [66.2] Cambodia 100 [56.2] Zimbabwe 155 [29.8] Israel 46 [66.1] Brazil 101 [55.9] Cuba 156 [27.5] Malta 47 [66.0] Algeria 102 [55.7] Korea, North 157 [3.0] France 48 [65.4] Burkina Faso 103 [55.6] Montenegro - Not Ranked Costa Rica 49 [64.8] Mali 104 [55.5] Serbia - Not Ranked Panama 50 [64.7] Nigeria 105 [55.5] Sudan - Not Ranked Malaysia 51 [64.5] Ecuador 106 [55.4] Iraq - Not Ranked Uganda 52 [64.4] Azerbaijan 107 [55.3] Congo, Dem. Republic of - Not Ranked Portugal 53 [64.3] Argentina 108 [55.1] Thailand 54 [63.5] Mauritania 109 [55.0] Peru 55 [63.5] Benin 110 [55.0]

Go to: Other success factors for nations and individuals

Go to: IQ, Income, and Corruption list for 127 nations

Comments to: VanSloan@yahoo.com

 

 

 

 

 

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