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Business News

Interactive graphic: How nations compete on pay, innovation, and education

Annually, the World Economic Forum releases their Global Competitiveness Report, a comprehensive assessment of national competitiveness worldwide. The different aspects of competitiveness are analyzed through twelve pillars–including infrastructure, labor market efficiency, technological readiness–that produce 114 unique indicators. The primary measurement established by the report is the Global Competiveness Index, a country-based ranking that takes each pillar, as well as the nation’s stage of development, into account.

By QZ·2 min read·Updated July 21, 2022
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Annually, the World Economic Forum releases their Global Competitiveness Report, a comprehensive assessment of national competitiveness worldwide. The different aspects of competitiveness are analyzed through twelve pillars–including infrastructure, labor market efficiency, technological readiness–that produce 114 unique indicators. The primary measurement established by the report is the Global Competiveness Index, a country-based ranking that takes each pillar, as well as the nation’s stage of development, into account.

The interactive map above explores this year’s Competitiveness Index and country-level rankings for select indicators (we’ve also listed the top ten for each of those measurements below). The data presented within, which has long served as an important tool for policymakers, will inform many of the discussions taking place at the World Economic Forum Annual Meeting in Davos this week.

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••••••••••••••••••

Global Competitiveness Index (score)

  1. Switzerland (5.7)
  2. Singapore (5.65)
  3. United States (5.54)
  4. Finland (5.5)
  5. Germany (5.49)
  6. Japan (5.47)
  7. Hong Kong SAR (5.46)
  8. Netherlands (5.45)
  9. United Kingdom (5.41)
  10. Sweden (5.41)

GDP per capita

  1. Luxembourg
  2. Norway
  3. Qatar
  4. Switzerland
  5. Australia
  6. Denmark
  7. Sweden
  8. Singapore
  9. United States
  10. Canada

Quality of Education (score)

  1. Switzerland (6.0)
  2. Finland (5.9)
  3. Qatar (5.8)
  4. Singapore (5.8)
  5. Ireland (5.4)
  6. Belgium (5.3)
  7. New Zealand (5.3)
  8. Netherlands (5.3)
  9. United Arab Emirates (5.3)
  10. Malaysia (5.3)

Pay and Productivity (score)

  1. Hong Kong SAR (5.5)
  2. Malaysia (5.4)
  3. Qatar (5.4)
  4. Singapore (5.3)
  5. Switzerland (5.3)
  6. United Arab Emirates (5.2)
  7. Taiwan (5.1)
  8. Lao PDR (5.0)
  9. Estonia (4.9)
  10. United States (4.8)

Women in Labor Force (ratio of women to men)

  1. Malawi (1.05)
  2. Mozambique (1.04)
  3. Rwanda (1.02)
  4. Burundi (1.02)
  5. Lao PDR (0.99)
  6. Tanzania (0.99)
  7. Sierra Leone (0.97)
  8. Madagascar (0.97)
  9. Uganda (0.96)
  10. Ghana (0.96)

Capacity for Innovation (score)

  1. Switzerland (5.9)
  2. United States (5.9)
  3. Israel (5.8)
  4. Germany (5.6)
  5. Finland (5.6)
  6. Sweden (5.5)
  7. Japan (5.4)
  8. Denmark (5.3)
  9. Luxembourg (5.3)
  10. United Kingdom (5.3)

 

This article was produced on behalf of Bank of America $BAC by the Quartz marketing team and not by the Quartz editorial staff.