The UAE was ranked first in the Arab region and 25th globally in the Global Competitiveness Report 2019 (PDF, 350 KB), released by The World Economic Forum. According to the report, which assesses the competitiveness of 141 economies, the UAE’s rank went up by 2 positions since the previous edition of the report.
The report measures countries on 103 indicators which are spread under 12 pillars. The 12 pillars are:
The UAE came 1st globally in macroeconomic stability, 2nd in ICT adoption and 4th in product market. It came in the top 10 globally in the following sub-pillars:
The UAE led in the following indicators:
It came 2nd globally in the following indicators:
It took the 3rd place in government's responsiveness to change and 4th in the following indicators:
It came 5th in the following indicators:
The UAE occupied the 6th place in Efficiency of legal framework in settling disputes, and the 7th place in place in the following indicators:
The UAE occupied the 8th place in:
The UAE occupied the 9th rank in the following indicators:
The assessment is based on the Global Competitiveness Index (GCI), which maps the competitiveness landscape of 141 economies through 103 indicators organised into 12 pillars. For each indicator, the index uses a scale between 0 and 100 and the final score shows how close an economy is to the ideal state or being the frontier of competitiveness. The Global Competitiveness Report is a flagship publication of The World Economic Forum.
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