Business Survey Shows Switzerland Best

Switzerland topped the overall ranking in The Global Competitiveness Report for 2009-2010. The United States fell one place to second position, with weakening in its financial markets and macroeconomic stability. Singapore, Sweden and Denmark were the other countries in the top five.

This year, over 13,000 business leaders were polled in 133 economies. The survey is designed to capture a broad range of factors affecting an economy’s business climate. The Report also includes comprehensive listings of the main strengths and weaknesses of countries, making it possible to identify key priorities for policy reform.

The ranking is based on 12 pillars of competitiveness, providing a comprehensive picture of the competitiveness landscape in countries around the world at all stages of development. The pillars include institutions, infrastructure, macroeconomic stability, health and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market sophistication, technological readiness, market size, business sophistication, and innovation.

Global Competitive Index 2009/10

Country	Rank	Score
Switzerland	1	5.6
United States	2	5.59
Singapore	3	5.55
Sweeden	4	5.51
Denmark	5	5.46
Finland	6	1.0
Germany	7	5.37
Japan	8	5.37
Canada	9	5.33
Netherlands	10	5.32
Hong Kong	11	5.22
Taiwan	12	5.2
United Kingdom	13	5.19
Norway	14	5.17
Australia	15	5.15
Austria	16	5.13
Fance	17	5.13
Belgium	18	5.09
Korean Rep	19	5.0
New Zealand	20	4.98