The country however ranks at number 45 on the global ladder of 138 countries with a score of 4.49, a step from their ranking last year. Mauritius is sandwiched by Italy and Portugal.
South Africa, Rwanda, Botswana and Namibia completed the top 5 places for sub Saharan Africa. The WEF has been measuring economic competitiveness among countries since 1979.
— Netherlands 🇳🇱 MFA (@DutchMFA) September 28, 2016
The WEF defines it as “the set of institutions, policies and factors that determine the level of productivity of a country”. Others are subtly different but all generally use the word “productivity”.
Below is the top 10 of sub Saharan Africa’s competitive economies.
- 1. Mauritius ranked 45th globally with score of 4.49
- 2. South Africa ranked 47th globally with score of 4.47
- 3. Rwanda ranked 52nd globally with score of 4.41
- 4. Botswana ranked 64th globally with score of 4.29
- 5. Namibia ranked 84th globally with score of 4.02
- 6. Kenya ranked 95th globally with score of 3.92
- 7. Cote D’ivoire ranked 99th globally with score of 3.86
- 8. Gabon ranked 108th globally with score of 3.79
- 9. Ethiopia ranked 109th globally with score of 3.77
- 10. Cape Verde ranked 110th globally with score of 3.76
On the global scale, Switzerland, Singapore, United States, Netherlands and Germany completed the top 5 economies with scores of 5.81, 5.72, 5.70, 5.57 and 5.57 respectively.