Where is BiH on the Global Competitiveness Index?

October 19, 2018 10:00 AM

The Global Competitiveness Index 2017–2018 stated that Croatia is ranked 74th among 140 countries, BiH is on 103rd place, Serbia 78th, and Slovenia 48th.

Neighboring Italy, as well as Greece, which occupy 135th and 134th place, cannot be proud of its public sector.

Some of the countries with the most efficient public sector are Switzerland, the USA, Sweden, UK, Japan and Finland.

Germany is on 5thplace, the Netherlands on 4th, and Norway on 11th.

The World Economic Forum is the International Organization for Public-Private Cooperation.

The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.

It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. It is independent, impartial and not tied to any special interests. The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance. Moral and intellectual integrity is at the heart of everything it does.

The Global Competitiveness Index 2017-2018 presents a framework and a corresponding set of indicators in three principal categories (subindexes) and twelve policy domains (pillars) for 137 economies.

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