Arab World Competitiveness Report 2011-2012 - World Economic ...

1. A Time of Opportunities: The Competitiveness Performance of the Arab World
Arab World Competitiveness Report 2011-2012
16
Results of the Global Competitiveness
Index 2011-2012 for the Arab World
In economic terms, the Arab world is a highly diverse
region, which is reflected in the levels of economic
performance across the countries. Per capita GDP for
2010 ranges from a high of US$ 76,167 in Qatar, one
of the wealthiest economies in the world, down to US$
1,281 in Yemen. 4 Economic structures also differ – while
some countries are highly dependent on their abundant
energy resources, other economies are more diversified,
with relatively better-educated labor forces and
benefitting from geographical proximity and facilitated
access to the large European market.
Table 2: Global Competitiveness Index 2011-2012 ranking
Rank Country/Economy Score Rank Country/Economy Score
1 Switzerland 5.74
2 Singapore 5.63
3 Sweden 5.61
4 Finland 5.47
5 United States 5.43
6 Germany 5.41
7 Netherlands 5.41
8 Denmark 5.40
9 Japan 5.40
10 United Kingdom 5.39
11 Hong Kong SAR 5.36
12 Canada 5.33
13 Taiwan, China 5.26
14 Qatar 5.24
15 Belgium 5.20
16 Norway 5.18
17 Saudi Arabia 5.17
18 France 5.14
19 Austria 5.14
20 Australia 5.11
21 Malaysia 5.08
22 Israel 5.07
23 Luxembourg 5.03
24 Korea, Rep. 5.02
25 New Zealand 4.93
26 China 4.90
27 United Arab Emirates 4.89
28 Brunei Darussalam 4.78
29 Ireland 4.77
30 Iceland 4.75
31 Chile 4.70
32 Oman 4.64
33 Estonia 4.62
34 Kuwait 4.62
35 Puerto Rico 4.58
36 Spain 4.54
37 Bahrain 4.54
38 Czech Republic 4.52
39 Thailand 4.52
40 Tunisia 4.47
41 Poland 4.46
42 Barbados 4.44
43 Italy 4.43
44 Lithuania 4.41
45 Portugal 4.40
46 Indonesia 4.38
47 Cyprus 4.36
48 Hungary 4.36
49 Panama 4.35
50 South Africa 4.34
51 Malta 4.33
52 Sri Lanka 4.33
53 Brazil 4.32
54 Mauritius 4.31
55 Azerbaijan 4.31
56 India 4.30
57 Slovenia 4.30
58 Mexico 4.29
59 Turkey 4.28
60 Montenegro 4.27
61 Costa Rica 4.27
62 Iran, Islamic Rep. 4.26
63 Uruguay 4.25
64 Latvia 4.24
65 Vietnam 4.24
66 Russian Federation 4.21
67 Peru 4.21
68 Colombia 4.20
69 Slovak Republic 4.19
70 Rwanda 4.19
71 Jordan 4.19
72 Kazakhstan 4.18
A basic comparison of the competitiveness rankings of
Arab world economies to other countries is presented
for informational purposes in Table 2. However, while
it is useful for countries to benchmark themselves
internationally, a deeper analysis requires an approach
that reflects the region’s diversity of economic
structures. For this reason, the next section discusses
the results by three sub-regions: the Gulf, North Africa,
and the Levant. Tables 3, 4, and 5 present the GCI
rankings by these groupings.
Rank Country/Economy Score
73 Morocco 4.16
74 Bulgaria 4.16
75 Philippines 4.08
76 Croatia 4.08
77 Romania 4.08
78 Albania 4.06
79 Macedonia, FYR 4.05
80 Botswana 4.05
81 Trinidad and Tobago 4.00
82 Ukraine 4.00
83 Namibia 4.00
84 Guatemala 4.00
85 Argentina 3.99
86 Honduras 3.98
87 Algeria 3.96
88 Georgia 3.95
89 Lebanon 3.95
90 Greece 3.92
91 El Salvador 3.89
92 Armenia 3.89
93 Moldova 3.89
94 Egypt 3.88
95 Serbia 3.88
96 Mongolia 3.86
97 Cambodia 3.85
98 Syria 3.85
99 Gambia, The 3.84
100 Bosnia and Herzegovina 3.83
101 Ecuador 3.82
102 Kenya 3.82
103 Bolivia 3.82
104 Benin 3.78
105 Tajikistan 3.77
106 Ethiopia 3.76
107 Jamaica 3.76
108 Bangladesh 3.73
Rank Country/Economy Score
109 Guyana 3.73
110 Dominican Republic 3.73
111 Senegal 3.70
112 Suriname 3.67
113 Zambia 3.67
114 Ghana 3.65
115 Nicaragua 3.61
116 Cameroon 3.61
117 Malawi 3.58
118 Pakistan 3.58
119 Cape Verde 3.58
120 Tanzania 3.56
121 Uganda 3.56
122 Paraguay 3.53
123 Belize 3.52
124 Venezuela 3.51
125 Nepal 3.47
126 Kyrgyz Republic 3.45
127 Nigeria 3.45
128 Mali 3.39
129 Côte d'Ivoire 3.37
130 Madagascar 3.36
131 Timor-Leste 3.35
132 Zimbabwe 3.33
133 Mozambique 3.31
134 Swaziland 3.30
135 Lesotho 3.26
136 Burkina Faso 3.25
137 Mauritania 3.20
138 Yemen 3.06
139 Angola 2.96
140 Burundi 2.95
141 Haiti 2.90
142 Chad 2.87