Global Competitiveness Index

The World Economic Forum (WEF) has published the Global Competitiveness Index (GCI) yearly since 2004. GCI integrates macroeconomic ranks based on Jeffrey Sachs’s Growth Development Index and the microeconomic ranks based on Michael Porter’s Business Competitiveness Index. The index assesses the ability of countries to provide high levels of prosperity to their citizens as well as the institutions, policies, and factors considered necessary for sustainable economic prosperity.

The index is based on the latest theoretical and empirical research and is made up of 110 variables, two thirds of which come from Executive Opinion Surveys and one third of which come from publicly available sources such as the United Nations. The Executive Opinion Surveys are done with a representative sample of business leaders in their respective countries. ...