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Economy 2020-06-15T07:06:30+03:00
Ukrainian news
Ukraine Down 6 Places To Rank 85 On Global Competitiveness Index

Ukraine Down 6 Places To Rank 85 On Global Competitiveness Index

Ukraine, rank, rating, Global Competitiveness Index, GCI, World Economic Forum, WEF

Ukraine has slipped six places to rank 85 on the Global Competitiveness Index (GCI) compiled by the World Economic Forum (WEF).

Ukrainian News Agency learned this from the WEF Global Competitiveness Report2016-2017.

Namibia ranks 84th and Greece 86th on the GCI.

Meanwhile, Russia climbed two notches, up to rank 43 on the GCI.

Switzerland, Singapore, United States, the Netherlands and Germany remain the top five out of the 138 countries ranked in the GCI.

The biggest problems for business in Ukraine are corruption, political instability and inflation.

As Ukrainian News Agency earlier reported, the GCI comprises 12 competitiveness pillars.

Started in 1979, it is based on open information and gives consideration to the opinion of several thousand experts from over 100 countries.


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