Bangladesh moved one spot down to rank at 103 among 140 countries in the latest global competitiveness index, reported by the World Economic Forum.

On the list of 140 economies, the US is followed by Singapore and Germany at the second and the third positions respectively.

Other countries in the top 10 include Switzerland (4th), Japan (5th), Netherlands (6th), Hong Kong (7th), United Kingdom (8th), Sweden (9th) and Denmark (10th).

India has been ranked as the 58th most competitive economy on the World Economic Forum’s global competitiveness index for 2018, which was topped by the US.

The WEF assessed the world’s biggest economies across almost 100 different indicators, from the quality of infrastructure to life expectancy and the jobs market.

The Geneva-based organisation also added several new metrics to its 2018 study, such as workforce diversity, press freedom and how hierarchical the biggest companies are in a particular economy.

BDST: 1314 HRS, OCT 17, 2018
SI/SMS