Competitiveness - Country rankings:
The average for 2017 was 4.3 points.The highest value was in Switzerland: 5.86 points and the lowest value was in Yemen: 2.87 points. Below is a chart for all countries where data are available for: Competitiveness.
Definition: The Global Competitiveness index is composed of 12 pillars of competitiveness. The pillars are organized as followed: Basic requirements (Institutions, Infrastructure, Macroeconomic Stability, Health and Primary Education); Efficiency enhancers (Higher Education and Training, Goods Market Efficiency, Labour Market Efficiency, Financial Market Sophistication, Technological Readiness, Market Size), and Innovation and sophistication factors (Business Sophistication, Innovation).