What does the Global Competitiveness Report show?
The Global Competitiveness Index integrates the macroeconomic and the micro/business aspects of competitiveness into a single index. The report “assesses the ability of countries to provide high levels of prosperity to their citizens”. This in turn depends on how productively a country uses available resources.
WHO releases Global Competitiveness Report?
About: Published by: WCY was first published in 1989 and is compiled by the Institute for Management Development (IMD). In 2021, the IMD examined the impact of Covid-19 on economies around the world. It provides extensive coverage of 64 economies.
What is the Global Competitiveness Index 2020?
Competitiveness Rank in Pakistan is expected to reach 107.00 by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Pakistan Competitiveness Rank is projected to trend around 107.00 in 2022, according to our econometric models.
What is GCI WEF?
The World Economic Forum published a brand new Index, the Global Competitiveness Index 4.0. which replaces/supersede the previously called Global Competitiveness Report. The GCI 4.0 focuses on the fourth Industrial revolution as a path for countries competitiveness development.
How many countries GCI report encompasses?
How many countries are included in the Global Competitiveness Report 2019? 141 (These 141 economies account for 99 percent of the World’s GDP.)
What is the rank of India in Global Competitiveness Report 2021?
43rd rank
India held the 43rd rank on the Institute for Management Development (IMD)’s annual World Competitiveness Index 2021.
How is global competitiveness calculated?
The computation of the Global Competitiveness Index 4.0 (GCI) is based on successive aggregations of scores, from the indicator level (the most disaggregated level) to the overall GCI score (the highest level).