• Thursday, October 17, 2019

Pakistan's ranking drops 3 spots in World Economic Forum global competitiveness index

Discussion in 'Pakistan Economy' started by zeroboy, Oct 9, 2019.

  1. zeroboy

    zeroboy FULL MEMBER

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    Pakistan was ranked 110 among 141 countries on the World Economic Forum (WEF) Global Competitiveness Index (GCI) for 2019.

    The forum released the Global Competitiveness Report this week, adopting a new methodology for measuring competitiveness by including indices which represents more knowledge and digital-based ecosystems.

    However, to give a comparison with the old methodology, the WEF has given a ranking called the backcasting, where Pakistan has actually fallen, and is ranked at 110 this year compared to 107 in 2018.

    Source
    https://www.thenews.com.pk/latest/5...141-countries-on-global-competitiveness-index
     
  2. Baby Leone

    Baby Leone SENIOR MEMBER

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    just do your work and dont take these so called indexes too seriously, its just for fun and politics thats it.:tup:
     
  3. Dr-who

    Dr-who FULL MEMBER

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    Actually Pakistan has improved it's ranking in absolute numbers, yet still managed to do worse off in overall rankings. Phillipines is the same issue. I think some country had made massive gains due to which we fell in rankings even though improvement was seen.