Greece among the worst countries regarding competitiveness: IMD survey

30 May 2019
571 Views

Greece was the 6th worst among 63 countries in competitiveness, according to the 2019 International Institute for Management Development (IMD) list.
Ukraine, Peru, Bulgaria, Romania, and Colombia were ranked higher than Greece which lost one spot on the global chart, despite the improvement in the country’s performance in three main categories of indicators, those of economic, governmental and business efficiency.

Singapore leapfrogged the US and Hong Kong to be named the world’s most competitive economy for the first time since 2010.
The IMD survey, which is widely acknowledged as one of the most reputable barometers of international competitiveness, is based on an analysis of more than 235 indicators derived from four main factors: economic performance, government efficiency, business efficiency, and infrastructure.

In the category of “Economic Efficiency” Greece ranked 60th among 63 countries for 2019, compared to the sixty-first in the previous ranking.

In the “Business Efficiency” indicator Greece gained one spot in the list as it was ranked 58th compared to last year’s 59th.

In the “Infrastructure” index Greece slipped to 41st in the current survey from 40th last year, while it recorded a slight improvement in “Government efficiency” as it ranked 60th from 61st last year.

You may be interested

Erdogan: “84 million Turks will continue to defend Jerusalem” (video)
SLIDE
shares21 views
SLIDE
shares21 views

Erdogan: “84 million Turks will continue to defend Jerusalem” (video)

makis - May 17, 2021

Turkish President Recep Erdogan unleashed an unprecedented attack on US President Joe Biden on the occasion of the approval given…

The Honorable Death: Samurai & Seppuku in Feudal Japan
WORLD
shares26 views
WORLD
shares26 views

The Honorable Death: Samurai & Seppuku in Feudal Japan

Panos - May 17, 2021

While martial suicide is a practice found in a lot of cultures, the act of seppuku, or ritual self-disembowelment, is peculiar…

Athens: Maintenance works are in progress in the Temple of Olympian Zeus
GREECE
shares26 views
GREECE
shares26 views

Athens: Maintenance works are in progress in the Temple of Olympian Zeus

Panos - May 17, 2021

The column has been in a construction armature for days, as the other nine, who face fewer problems but also…

Leave a Comment

Your email address will not be published.