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LJUBLJANA (Slovenia), October 9 (SeeNews) – Slovenia scored best among the countries of Southeast Europe in the new edition of the Global Competitiveness Report of the World Economic Forum, while Bosnia ranks as the region's worst performer.
Bulgaria, Croatia, Moldova, North Macedonia and Romania are the only SEE countries with improved rankings compared with 2018, according to the Global Competitiveness Report 2019 published on Tuesday.
Slovenia ranks in 35th position with a score of 70.2 out of 100, unchanged from last year ranking, followed by Bulgaria in 49st position and Romania in 51st position.
Bosnia is the SEE worst performer in the ranking, down 1 spot to 92nd position with a score of 54.7, while Croatia has improved the most compared to 2018, climbing five places to 86th position.
Details on the ranking and score of ten SEE countries in Global Competitiveness Report 2019 follow:
|Rank||Score||Rank (diff. from 2018)||Best ranking indicator||Worst ranking indicator|
|Albania||81||57.6||-5||Labour market||Market size|
|Bosnia||92||54.7||-1||Macroeconomic stability||Business dynamism and Innovation capability|
|Moldova||86||56.7||+2||ICT adoption||Market size|
|Montenegro||73||60.8||-2||Labour market||Market size|
|North Macedonia||82||57.3||+2||Health||Product market|
|Romania||51||64.4||+1||ICT adoption||Financial system|
|Slovenia||35||70.2||unchanged||Macroeconomic stability||Market size|
The Netherlands leads the European countries in the report, ranking in 4th position, followed by Switzerland in 5th spot and Germany in 7th place.
Singapore came in first in the Global Competitiveness Report 2019 with a score of 84.8, followed by the United States and Hong Kong.
The score scale ranges from 0 for the worst performer to 100 for the best performer. The report, which covers 141 countries, assesses their ability to provide high levels of prosperity to their citizens, depending on how productively a country uses available resources. It uses a global competitiveness index which measures factors such institutions, infrastructure, information and communication technology adoption, macroeconomic stability, health, education and skills, product market, labour market, financial system, market size, business dynamism and innovation capability.