US Drops to 6th in World Competitiveness Ranking

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Submitted by Roman on September 26, 2006 - 7:52am

Doing business in the USA is not as highly ranked as in the previous years. In fact, according to the World Economic Forum, the US had the stippest drop, from 1st place, in 2005, to 6th place, in 2006.
World Economic Forum Article

Here is the top 10 new ranking as of 2006:

1. Switzerland
2. Finland
3. Sweden
4. Denmark
5. Singapore
6. US
7. Japan
8. Germany
9. Netherlands
10. UK

Attached is a more detailed with most of the countries from the report.

Submitted by Roman on September 26, 2006 - 7:55am.

I did not attach the proper type of file, so here it is the full ranking report as PDF

Submitted by FormerSanDiegan on September 26, 2006 - 8:50am.

Obviously, "competing with the Joneses" was not factored in.

Anyway, If you'd have told me in 1987 that we would be ahead of Japan in global competitiveness 20 years from then, I would have called you crazy. Guess what ? We are ahead of Japan. Break out the champagne.

Submitted by barnaby33 on September 26, 2006 - 10:17am.

Every one of the countries above us(on that list) is tiny and homogenious in its makeup (Singapore excluded). Hardly an effective comparison, but it is what it is.

Josh

Submitted by bubba99 on September 26, 2006 - 1:45pm.

And Germany Japan, France and the UK are all below us. Plus China is number 54. The worlds powerhouse economies did not make the top 5.

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