Since the inception of reporting from 2004, the Global Competitiveness Report shows the competitiveness of each country. Scored in 10, higher the marks more competitiveness is the country. The rankings are calculated from both publicly available data and the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum together with its network of Partner Institutes (leading research institutes and business organizations) in the countries covered by the Report.
Switzerland tops the overall ranking in The Global Competitiveness Report 2009-2010. The USA falls one place to second position due to its weakening financial markets and macroeconomic stability. Singapore, Sweden and Denmark round out the top five. European economies continue to prevail in the top 10 with Finland, Germany and the Netherlands following suit. Britain has continued its fall from last year, moving down one more place this year to 13th.
Our neighbouring country China is on the top with ranking 29 while India ranks 49 , Srilanka 79, Pakistan 101, Bangladesh ranks 106, Nepal is at the bottom of the table .However ,it has improved by one point this year from 126 to 125 ranking. Due to continuous strike, factory closure and political instability has compounded the situation in Nepal. It can be hoped that in the coming years Nepal with new constitution will enroll in new economic dynamism and will lead into progress in every front.
Switzerland tops the overall ranking in The Global Competitiveness Report 2009-2010. The USA falls one place to second position due to its weakening financial markets and macroeconomic stability. Singapore, Sweden and Denmark round out the top five. European economies continue to prevail in the top 10 with Finland, Germany and the Netherlands following suit. Britain has continued its fall from last year, moving down one more place this year to 13th.
Our neighbouring country China is on the top with ranking 29 while India ranks 49 , Srilanka 79, Pakistan 101, Bangladesh ranks 106, Nepal is at the bottom of the table .However ,it has improved by one point this year from 126 to 125 ranking. Due to continuous strike, factory closure and political instability has compounded the situation in Nepal. It can be hoped that in the coming years Nepal with new constitution will enroll in new economic dynamism and will lead into progress in every front.
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