LJUBLJANA (Slovenia), May 29 (SeeNews) – Croatia has improved its standing among EU member states in Southeast Europe in this year's edition of the World Competitiveness Rankings compiled by Swiss-based business school IMD, while Slovenia remained the most competitive economy in the region, the rankings show.
However, Croatia remained the least competitive economy among EU member states in SEE in IMD World Competitiveness Rankings 2019, despite climbing one position to 60th place. Croatia was also ranked as the least competitive economy among EU member states.
Slovenia led the group of SEE entrants in the 2019 edition, retaining its 37th position from last year's ranking.
Bulgaria and Romania ranked in 48th and 49th position in the global ranking, respectively, also unchanged from the 2018 ranking.
Netherlands ranked as the most competitive country among the 28 EU member states, despite sliding 2 spots to 6th position.
Singapore overtook the United States as the most competitive economy in the world, according to the IMD 2019 rankings, while Venezuela ranked last, in 63rd place.
The IMD World Competitiveness Center, a research group at IMD business school, has published the rankings every year since 1989. It compiles them using 258 indicators. IMD says data such as national employment and trade statistics are weighted twice as much as the data from an executive opinion survey that measures the business perception of issues such as corruption, environmental concerns and quality of life.
Following are the rankings of EU member states in SEE in the 2019 edition of IMD World Competitiveness Rankings:
|
2019 |
2018 |
Croatia |
60 |
61 |
Romania |
49 |
49 |
Bulgaria |
48 |
48 |
Slovenia |
37 |
37 |