Iran ranks 69th in global competitiveness

TEHRAN, Sept.13 (MNA) -- Iran is 69th in the overall ranking in the Global Competitiveness Report 2010-2011 released by the World Economic Forum.

Switzerland tops the rankings. The United States falls two places to fourth position, overtaken by Sweden (2nd) and Singapore (3rd). The Nordic countries continue to be well positioned in the ranking, with Sweden, Finland (7th) and Denmark (9th) among the top 10.

 In the Middle East and North Africa, Qatar ranks 17th globally, followed by Saudi Arabia in 21st place and the U.A.E. in 26th. Tunisia ranks 32nd, followed by Jordan which ranks 65th, Morocco number 75, Egypt 81st, Algeria 86th, Lebanon number 92, Syria 97th and Libya the 100th.

 Oman, Kuwait and Bahrain rank 34th, 35th and 37th respectively.

 China (27th) continues to lead the way among large developing economies. The three other BRIC economies are Brazil (58th), India (51st) and Russia (63rd).

 The rankings are calculated from both publicly available data and the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum together with its network of Partner Institutes (leading research institutes and business organizations) in the countries covered by the report.

 MRK/SJ

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MNA

News Code 41844

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