Global Competitiveness Index

SELECT

The Global Competitiveness Index measures the microeconomic and macroeconomic characteristics that underpin national competitiveness.

Retrieved from, http://www.weforum.org/reports/global-competitiveness-report-2014-2015, 06.03.2015

Data host:

World Economic Forum

Unit of Measurement:

Dimensionless Index

Link to Data:

http://reports.weforum.org/global-competitiveness-2011-2012/

Type of Indicator source:

Non-governmental organisation

Data availability

Geographical Coverage:

Albania

Algeria

Angola

Argentina

Armenia

Australia

Austria

Azerbaijan

Bahrain

Bangladesh

Barbados

Belgium

Bhutan

Bolivia

Botswana

Brazil

Bulgaria

Burkina Faso

Burundi

Cambodia

Cameroon

Canada

Cape Verde

Chad

Chile

China

Colombia

Costa Rica

Croatia

Cyprus

Czech Republic

Denmark

Dominican Republic

Egypt

El Salvador

Estonia

Ethiopia

Finland

France

Gabon

Gambia

Georgia

Germany

Ghana

Greece

Guatemala

Guinea

Guyana

Haiti

Honduras

Hong Kong S.A.R., China

Hungary

Iceland

India

Indonesia

Iran

Ireland

Israel

Italy

Ivory Coast

Jamaica

Japan

Jordan

Kazakhstan

Kenya

Kuwait

Kyrgyzstan

Laos

Latvia

Lebanon

Lesotho

Libya

Lithuania

Luxembourg

Macedonia

Madagascar

Malawi

Malaysia

Mali

Malta

Mauritania

Mauritius

Mexico

Moldova

Mongolia

Montenegro

Morocco

Mozambique

Myanmar

Namibia

Nepal

Netherlands

New Zealand

Nicaragua

Nigeria

Norway

Oman

Pakistan

Panama

Paraguay

Peru

Philippines

Poland

Portugal

Puerto Rico

Qatar

Romania

Russia

Rwanda

Saudi Arabia

Senegal

Serbia

Seychelles

Sierra Leone

Singapore

Slovakia

Slovenia

South Africa

South Korea

Spain

Sri Lanka

Suriname

Swaziland

Sweden

Switzerland

Taiwan

Tajikistan

Tanzania

Thailand

Timor-Leste

Trinidad and Tobago

Tunisia

Turkey

Uganda

Ukraine

United Arab Emirates

United Kingdom

United States

Uruguay

Venezuela

Vietnam

Yemen

Zambia

Zimbabwe

Geographical Level:

National

Temporal Coverage:

2004 to 2014

Frequency of Updates:

annualy

Publishing delay:

Less than 6 month

Cost of accessing data:

free of charge

Related indicators

Same/similar indicators appears in the following sets:

OECD Green Growth Indicators
United Nations Development Programme Reports
World Development Indicators (World Bank)
World Economic Forum Competitiveness Indicators

Indicator relation:

Indicator:

GDP per capita in PPS

Relationship explanation:

Is a key indicator in the computation of the GCI for economic development purposes

Type of relation:

Component indicator of the aggregate

Indicator:

General government gross debt - annual data

Relationship explanation:

Government debt is a central measure to the economic capacity of the macroeconomic environment

Type of relation:

Component indicator of the aggregate

Indicator:

Incidence of Tuberculosis

Relationship explanation:

Is a direct measure of the overall score of the health and primary education pillar

Type of relation:

Component indicator of the aggregate

Indicator:

Prevalence of HIV, total (% of population ages 15-49)

Relationship explanation:

Is a direct measure of the overall score of the health and primary education pillar

Type of relation:

Component indicator of the aggregate

Indicator:

Life expectancy at birth

Relationship explanation:

Is a direct measure of the overall score of the health and primary education pillar

Type of relation:

Component indicator of the aggregate

Indicator:

Total net enrolment ratio in primary education, both sexes

Relationship explanation:

Is a direct measure of the overall score of the health and primary education pillar

Type of relation:

Component indicator of the aggregate

Indicator:

Labor force participation rate, female (% of female population ages 15-64) (modeled ILO estimate)

Relationship explanation:

Is a direct measure of the labor market efficiency pillar

Type of relation:

Component indicator of the aggregate

Indicator:

Level of internet access - households (%)

Relationship explanation:

Is a direct measure of the technological readiness indicator

Type of relation:

Component indicator of the aggregate

Indicator:

GDP, PPP (current international $)

Relationship explanation:

is a foundation of the market size pillar

Type of relation:

Component indicator of the aggregate

Indicator developer:

Xavier Sala-i-Martin and Elsa V. Artadi

Aggregation level of indicator:

Index or Composite

Indicator quality

Methodological transparency:

Partial methodology available

Link to Methodology:

Competitiveness Indices and Developing Countries: An Economic Evaluation of the Global Competitiveness Report

Data quality assesment:

No published quality assessment

Interpretation aid

Contribution to the green economy:

The index consists of 12 pillars of competitiveness. The index classifies country accounts based on different stages of economic development: efficiency enhancers, Innovation and sophistication factors. Please note: This indicator is a composited indicator, which means trends of one or several indicators which are part of this composited indicator could be masked by trend of other indicators, the composited indicator consist of. For further assessments and a correct interpretation of this indicator, please check the respective single indicators.

Potential misinterpretation:

Does the GCI show a positive effect, but would have a different trend if economic and social issued are considered?

Related Indicator:

Sustainability-adjusted GCI

Potential misinterpretation:

Is GCI improving but a big share of the society does not benefit?

Related Indicator:

Inclusive Wealth Index

Use of indicator in mandates, international agreements or legislation:

Name of agreement or policy:

For a European Industrial Renaissance

Name of body or organisation:

European Commission

Link to body or organisation:

/* COM/2014/014 final */

Indicator theme

Topic:

Effectiveness, transparency and accountability

Topic:

Quality of Life

Topic:

Economic Sustainability and resilience

Topic:

Business resilience

Topic:

Businesses profile

Topic:

Competitiveness

Topic:

Financial capital (national, business and household)

Topic:

Topic:

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Access to financial markets

Topic:

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Effective governance

Topic:

Management of public goods and property rights

Topic:

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Knowledge and skills (investment and outcomes)

Topic:

Global stewardship

Topic:

Policy and decision making

Topic:

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Overall health of population

Topic:

Educational attainment

Topic:

Income (salary, welfare, other)

Topic:

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