Tunisia Among the World's Most Competitive Economies
13 September 2010
Read by 1328 persons
The 2010-2011 World Competitiveness Report, published Thursday by the World Economic Forum (WEF) in Davos, confirms the significant progress made by Tunisia. It is among the world's most competitive economies, maintaining its top position in Africa and the Maghreb.
More importantly, compared to the previous report, Tunisia has made a significant leap, gaining 8 places in the World Economic Forum ranking.
Consolidating its leading position in Africa and the Maghreb, Tunisia ranks 32nd globally in terms of competitiveness out of 139 countries. This is a top performance among the top forty countries, surpassing many European Union members (Spain 42nd, Portugal 46th, Italy 48th, Poland, Czech Republic, Malta, Cyprus...), as well as countries in Asia and Latin America.
In Africa, the next highest-ranked country after Tunisia is South Africa (54th). In the Arab world, Tunisia is fourth, after Qatar, Saudi Arabia, and the United Arab Emirates.
This highly respectable ranking of Tunisia in terms of competitiveness comes during a global economic environment marked by difficulties and uncertainties. It clearly demonstrates the responsiveness of the national economy, the relevance of the reforms implemented, its propensity for innovation, the quality of its institutions, and good governance.
The World Competitiveness Report is based on the Global Competitiveness Index (GCI).
The GCI covers 12 indicators and provides a detailed picture of the competitiveness of countries at different stages of development. These categories are institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labor market efficiency, financial market development, technological development, market size, business sophistication, and innovation.
In this respect, and considering the indicators adopted, Tunisia holds advanced positions in terms of health and primary education (5th), in the use of public funds (5th), in agricultural pricing policy (8th), and in the availability of researchers and engineers (7th).
The index is based on a combination of statistical data and survey results, including the annual survey of business leaders conducted by the World Economic Forum, in collaboration with its network of partner institutes (renowned research institutes and economic organizations) located in the countries studied. This year, more than 13,500 business leaders were surveyed in 139 countries.
It should be noted that Switzerland tops the 2010-2011 World Competitiveness Report ranking. The United States fell two places to fourth, overtaken by Sweden (2nd) and Singapore (3rd). Nordic countries continue to be well-ranked.
Published September 9, 2010
Posted online September 13, 2010
Infotunisie.com
More importantly, compared to the previous report, Tunisia has made a significant leap, gaining 8 places in the World Economic Forum ranking.
Consolidating its leading position in Africa and the Maghreb, Tunisia ranks 32nd globally in terms of competitiveness out of 139 countries. This is a top performance among the top forty countries, surpassing many European Union members (Spain 42nd, Portugal 46th, Italy 48th, Poland, Czech Republic, Malta, Cyprus...), as well as countries in Asia and Latin America.
In Africa, the next highest-ranked country after Tunisia is South Africa (54th). In the Arab world, Tunisia is fourth, after Qatar, Saudi Arabia, and the United Arab Emirates.
This highly respectable ranking of Tunisia in terms of competitiveness comes during a global economic environment marked by difficulties and uncertainties. It clearly demonstrates the responsiveness of the national economy, the relevance of the reforms implemented, its propensity for innovation, the quality of its institutions, and good governance.
The World Competitiveness Report is based on the Global Competitiveness Index (GCI).
The GCI covers 12 indicators and provides a detailed picture of the competitiveness of countries at different stages of development. These categories are institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labor market efficiency, financial market development, technological development, market size, business sophistication, and innovation.
In this respect, and considering the indicators adopted, Tunisia holds advanced positions in terms of health and primary education (5th), in the use of public funds (5th), in agricultural pricing policy (8th), and in the availability of researchers and engineers (7th).
The index is based on a combination of statistical data and survey results, including the annual survey of business leaders conducted by the World Economic Forum, in collaboration with its network of partner institutes (renowned research institutes and economic organizations) located in the countries studied. This year, more than 13,500 business leaders were surveyed in 139 countries.
It should be noted that Switzerland tops the 2010-2011 World Competitiveness Report ranking. The United States fell two places to fourth, overtaken by Sweden (2nd) and Singapore (3rd). Nordic countries continue to be well-ranked.
Published September 9, 2010
Posted online September 13, 2010
Infotunisie.com
