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17.10.2018 | 16:15
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Ukraine was downgraded 2 positions in competitiveness rating

Ukraine was downgraded 2 positions and placed the 83rd in WEF competitiveness rating

Ukraine was downgraded 2 positions and placed the 83rd among 140 countries in the World Economic Forum's competitiveness rating.

It was stated in documents of Global Competitiveness Index, GCI.

Last year Ukraine was the 81st in the giving rating among 137 countries, the 85th among 138 countries in 2016. 

GCI data shows improvement of Ukraine's financial system (the country rised from 120 to 117 position), institutional development (from 118 to 110), infrastructure (from 78 to 57), innovations (from 61 to 58), goods market (from 101 to 73), business development (from 90 to 86), labour market (from 86 to 66).

Ukraine's internal market volume remained at 47th place. 

The countries which are close to Ukraine in rating: Dominican republic - 82, Argentina - 81, Macedonia - 84 and Sri Lanka - 85.

At that, the following countries were rated at: 37 - Poland, 43 - Russia, 52 - Romania, 41 - Slovakia, 48 - Hungary, 88 - Moldova.

Belarus is absent in the rating. 

1st place was taked by USA, Singapore was the 2nd, Germany was the 3rd. 

Totally the rating comprised 140 countries. 

References in the article: competitiveness, ukraine, rating
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