“Global Competitiveness Index” 2018 results
Among 140 countries included in the annual "Global Competitiveness Index" (GCI) in 2018 Latvia takes 42nd place, while Lithuania is ranked 40th and Estonia is 32nd. In Latvia the research “Global Competitiveness Index” is represented by the Centre for Sustainable Business at SSE Riga
The results of the new “Global Competitiveness Index” show that the most competitive countries in the world are the United States, Singapore and Germany, followed by Switzerland, Japan, the Netherlands, Hong Kong, the United Kingdom, Sweden and Denmark. From the countries of Central and Eastern Europe, the Czech Republic ranks the highest in the competitiveness index (29th place), ahead of China one by place. Estonia is in 32nd place, between Italy and Chile. Slovenia ranks in 35th place, Poland - 37th, Lithuania and Slovakia, 40th and 41st respectively.
In the latest “Global Competitiveness Index”, Latvia has been ranked 42nd in terms of competitiveness, outperforming countries such as Cyprus (44th place), Hungary (48th place), Bulgaria and Romania (51st and 52nd place), Greece (57th place), Turkey (61st place), Croatia (68th place).