Singapore is the top country by global competitiveness rank in the world. As of 2019, global competitiveness rank in Singapore was 85 rank that accounts for 0.99% of the world's global competitiveness rank. The top 5 countries (others are the United States of America, Hong Kong, Netherlands, and Switzerland) account for 4.87% of it. The world's total global competitiveness rank was estimated at 8,550 rank in 2019.
The description is composed by our digital data assistant.The Global Competitiveness Index 4.0 assesses the microeconomic and macroeconomic foundations of national competitiveness, which is defined as the set of institutions, policies, and factors that determine the level of productivity of a country.
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