Colombia’s opposition dismisses US claim of ‘Russian threat’
Colombia’s drug policy of past 4 years a...
Medellin government rejects ‘illegitimate’ interim mayor
Electoral violence in Colombia doubled since 2018
Colombia legalizes assisted suicide in historic ruling
Why Colombia’s upcoming elections could trigger a crisis
Colombia’s inspector general suspends mayors on election meddling...
Daniel Quintero
Colombia made $1.2B available for possible slush funds
Did Colombia ‘disappear’ jailed narco with alleged ties...
  • About
  • Support
  • Exclusives
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
Economy

Colombia climbs world competitiveness rankings

by Cameron Sumpter May 25, 2010

colombia

bogota, colombia

Colombia climbed six places to rank 45th of 58 countries on the World Competitiveness Yearbook (WCY) released by Swiss business school IMB.

The WCY is an annual report which analyzes “how a nation’s environment creates and sustains the competitiveness of enterprises.”

In 2009 Colombia ranked 51st, but this year has climbed to be the world’s 45th most competitive nation, with 53,890 points.

The rankings are compiled by taking into account four main factors, including economic performance, government efficiency, business efficiency and infrastructure.

Singapore, Hong Kong and the U.S. topped the list, and were so close together that the WCY labelled them as a “leading trio.”

Chile was once again the leading Latin American performer, but slipped three places to 28th on the list.

Venezuela was last of the list of 58 countries on 27,970 points.

The report also included a nation’s debt as a percentage of GDP for the first time, recording Colombia’s debt as 34.82% of GDP.

Trending

  • AGC kill 26 during 4-day terror campaign in northern Colombia

  • Why Colombia’s upcoming elections could trigger a crisis

  • Colombia’s inspector general suspends mayors on election meddling charges

  • RSS

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top