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WEF TheGlobalCompetitivenessReport2019
WEF TheGlobalCompetitivenessReport2019
Global Competitiveness Index 4.0 2019 edition Rank in 2018 edition: 72nd / 140
Performance Key Previous edition Upper-middle-income group average Latin America and the Caribbean average
Overview 2019
Best SGP FIN SGP KOR (33) (4) CHE HKG SGP HKG CHN USA DEU
100
90
80 79 81
70 69
65 65
61 60
60 58 56
53
50 48 49
46
40
30
20
10
0
Score
Rank /141 71st 99th 78th 67th 115th 75th 96th 124th 105th 55th 10th 67th 40th
Overall Institutions Infrastructure ICT Macro- Health Skills Product Labour Financial Market Business Innovation
adoption economic market market system size dynamism capability
stability
GDP per capita US$ 8,967.7 5-year average FDI inward flow % GDP 3.0
Environmental footprint gha/capita 2.5 Global Gender Gap Index 0-1 (gender parity) 0.7
Renewable energy consumption share % 43.8 Income Gini 0 (perfect equality) -100 (perfect inequality) 53.3
7th pillar: Product market 0–100 - 45.9 124 Hong Kong SAR
Domestic competition 0–100 - 45.0 114 Hong Kong SAR
7.01 Distortive effect of taxes and subsidies on competition 1–7 (best) 2.5 25.3 136 Singapore
7.02 Extent of market dominance 1–7 (best) 3.8 46.2 73 Switzerland
7.03 Competition in services 1–7 (best) 4.8 63.5 82 Hong Kong SAR
Trade openness 0–100 - 46.7 125 Singapore
7.04 Prevalence of non-tariff barriers 1–7 (best) 3.4 40.4 135 Singapore
7.05 Trade tariffs % 12.34 17.7 128 Hong Kong SAR
7.06 Complexity of tariffs 1–7 (best) 6.6 93.7 22 Hong Kong SAR
7.07 Border clearance efficiency 1–5 (best) 2.4 35.2 = 103 Germany
* Scores are on a 0 to 100 scale, where 100 represents the optimal situation or 'frontier'. Arrows indicate the direction of the change in score from the previous
edition, if available.
Note: For detailed methodology, definitions, sources, and periods, visit http://gcr.weforum.org/