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White canvas covers protect parts of the Rhone glacier against melting as visitors enter an ice cave near the Furka mountain pass at 2429 metres (7969 ft) altitude in the Swiss Alps, Switzerland August 6, 2015. Switzerland's national flag is pictured in the foreground. REUTERS/Arnd Wiegmann/File Photo - RTSJ10I
Reuters/Arnd Wiegmann
On top again.
AND COUNTING

Switzerland has been named the world’s most competitive economy for the eighth year in a row

By Nikhil Sonnad

This week the World Economic Forum (WEF) released its annual Global Competitiveness Report, an assessment of how dynamic each country’s economy is. Switzerland came in first, extending its streak to eight years.

That’s even longer than Roger Federer stood at number one. That Swiss underachiever was the top tennis player in the world for only 302 consecutive weeks.

The competitiveness report (pdf) ranks economies on 12 economic “pillars,” including institutions, labor-market efficiency, education, and innovation. Each country is given a score from one to seven for each pillar. These scores are then combined to compute the final competitiveness score.

The top three countries on this metric—Switzerland, Singapore, and the United States—remained the same from last year. (It should be noted that the WEF, the nonprofit responsible for this report as well as the Davos summit each winter, is based in Switzerland.)

Here is the full list of scores from the 2016 report. In last place? Yemen.

Country GCI Score
Switzerland 5.8
Singapore 5.7
United States 5.7
Netherlands 5.6
Germany 5.6
Sweden 5.5
United Kingdom 5.5
Japan 5.5
Hong Kong SAR 5.5
Finland 5.4
Norway 5.4
Denmark 5.3
New Zealand 5.3
Taiwan, China 5.3
Canada 5.3
United Arab Emirates 5.3
Belgium 5.3
Qatar 5.2
Austria 5.2
Luxembourg 5.2
France 5.2
Australia 5.2
Ireland 5.2
Israel 5.2
Malaysia 5.2
Korea, Rep. 5
Iceland 5
China 5
Saudi Arabia 4.8
Estonia 4.8
Czech Republic 4.7
Spain 4.7
Chile 4.6
Thailand 4.6
Lithuania 4.6
Poland 4.6
Azerbaijan 4.6
Kuwait 4.5
India 4.5
Malta 4.5
Indonesia 4.5
Panama 4.5
Russian Federation 4.5
Italy 4.5
Mauritius 4.5
Portugal 4.5
South Africa 4.5
Bahrain 4.5
Latvia 4.4
Bulgaria 4.4
Mexico 4.4
Rwanda 4.4
Kazakhstan 4.4
Costa Rica 4.4
Turkey 4.4
Slovenia 4.4
Philippines 4.4
Brunei Darussalam 4.3
Georgia 4.3
Vietnam 4.3
Colombia 4.3
Romania 4.3
Jordan 4.3
Botswana 4.3
Slovak Republic 4.3
Oman 4.3
Peru 4.2
Macedonia, FYR 4.2
Hungary 4.2
Morocco 4.2
Sri Lanka 4.2
Barbados 4.2
Uruguay 4.2
Croatia 4.1
Jamaica 4.1
Iran, Islamic Rep. 4.1
Tajikistan 4.1
Guatemala 4.1
Armenia 4.1
Albania 4.1
Brazil 4.1
Montenegro 4.1
Cyprus 4
Namibia 4
Ukraine 4
Greece 4
Algeria 4
Honduras 4
Cambodia 4
Serbia 4
Ecuador 4
Dominican Republic 3.9
Lao PDR 3.9
Trinidad and Tobago 3.9
Tunisia 3.9
Kenya 3.9
Bhutan 3.9
Nepal 3.9
Côte d’Ivoire 3.9
Moldova 3.9
Lebanon 3.8
Mongolia 3.8
Nicaragua 3.8
Argentina 3.8
El Salvador 3.8
Bangladesh 3.8
Bosnia and Herzegovina 3.8
Gabon 3.8
Ethiopia 3.8
Cape Verde 3.8
Kyrgyz Republic 3.7
Senegal 3.7
Uganda 3.7
Ghana 3.7
Egypt 3.7
Tanzania 3.7
Paraguay 3.7
Zambia 3.6
Cameroon 3.6
Lesotho 3.6
Bolivia 3.5
Pakistan 3.5
Gambia, The 3.5
Benin 3.5
Mali 3.5
Zimbabwe 3.4
Nigeria 3.4
Madagascar 3.3
Congo, Democratic Rep. 3.3
Venezuela 3.3
Liberia 3.2
Sierra Leone 3.2
Mozambique 3.1
Malawi 3.1
Burundi 3.1
Chad 2.9
Mauritania 2.9
Yemen 2.7