World Economic Forum lowers Iran’s competitiveness rating.
By The Free Iranian Staff
In its new report, the World Economic Forum examines the competitiveness of 141 countries according to 100 indicators with the following as the lead indicators: health, financial system, market size, business dynamism and innovative capacity.
The report, published annually since 1979, ranks countries on a scale of zero to 100, with zero indicating the lowest level and 100 indicating the highest level of competitiveness.
In this year’s rankings, Iran ranks 53 points higher than countries like Tajikistan, Bangladesh, Bolivia and Pakistan and lower than countries such as Egypt, Ecuador and Ukraine. Iran’s standing, as 99th, has fallen ten points since its ranking in 2018.WEF_TheGlobalCompetitivenessReport2019