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Qatar Ranks High In World Competitiveness Yearbook 2017

Qatar has been ranked high rank in most important categories in the IMD World Competitiveness Yearbook 2017. Qatar has been ranked 8th in the economic performance, 11 in the government efficiency, 12 in terms of efficiency of the business sector, while ranked 38 in the infrastructure sector.

Qatar’s overall rank is 17 out of 63 countries, mostly developed countries, according to the same book. This ranking indicates the strong performance that continues to be achieved at various levels.

Qatar’s ranking is an cumulative efforts of factors, including: strong economic performance represented by low unemployment rate, high fixed capital formation ratio of GDP, domestic savings ratio of GDP, trade balance ratio of GDP, and overall productivity increase.

 

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