Tags: competitiveness | global | report

85.6 Percent Competitive: US Economy Rated Most Competitive Globally

competitive us economy is ranked at 86 percent globally
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Tuesday, 23 October 2018 05:40 PM Current | Bio | Archive

For the first time in a decade, the United States economy is rated as the world’s most competitive. When measured against an ideal economy, the U.S. scored 85.6 out of 100 points.

"The Global Competitiveness Report this year assessed 140 countries on 98 indicators that measure business investment and productivity," according to The Wall Street Journal. "The indicators are organized into 12 main drivers of productivity including the nations' institutions, tech savvy, infrastructure, education systems, market size and innovation."

While generally encouraging, the report's authors noted that "recovery remains vulnerable to a range of risks and potential shocks."

One major potential risk is a brewing trade war with China.

The 20 top economies and their competitiveness scores are listed below:

  1. United States: 85.6
  2. Singapore: 83.5
  3. Germany: 82.8
  4. Switzerland: 82.6
  5. Japan: 82.5
  6. Netherlands: 82.4
  7. Hong Kong: 82.3
  8. United Kingdom: 82.0
  9. Sweden: 81.7
  10. Denmark: 80.6
  11. Finland: 80.3
  12. Canada: 79.9
  13. Taiwan: 79.3
  14. Australia: 78.9
  15. South Korea: 78.8
  16. Norway: 78.2
  17. France: 78.0
  18. New Zealand: 77.5
  19. Luxembourg: 76.6
  20. Israel: 76.6

Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.

Scott Rasmussen is founder and president of the Rasmussen Media Group. He is the author of "Mad as Hell: How the Tea Party Movement Is Fundamentally Remaking Our Two-Party System," "In Search of Self-Governance," and "The People’s Money: How Voters Will Balance the Budget and Eliminate the Federal Debt." Read more reports from Scott Rasmussen — Click Here Now.

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When measured against an ideal economy, the U.S. scored 85.6 out of 100 points.
competitiveness, global, report
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2018-40-23
Tuesday, 23 October 2018 05:40 PM
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