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Netherlands ranks 4th in Global Competitiveness Index 2017-2018

About Holland

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09.28.2017

For the ninth consecutive year, the report’s Global Competitiveness Index (GCI) finds Switzerland to be the world’s most competitive economy, ahead of the United States, Singapore and the Netherlands. Other G20 economies in the top 10 are Germany (5), the United Kingdom (8) and Japan (9). China is the highest ranking among the BRICS group of large emerging markets, moving up one rank to 27.

In comparision with last year's Index  Switzerland, Netherlands and Germany remaining stable on first, fourth and fifth spots respectively. The only changes in the top five apply to the United States and Singapore, which swap second and third positions. Elsewhere in the top 10 the big winner is Hong Kong SAR, which jumps three places to sixth, edging out Sweden (7), UK (8) and Japan (9), all of which decline one place. With Finland holding stable in 10th position, the other big winner in the top 20 is Israel, which climbs eight places to 16.

The Netherlands (4th) maintains its position with the support of a strong education system and high levels of tech readiness among businesses and individuals. Its thriving innovation ecosystem, ranked 6th globally, puts the country in an excellent position to shape the unfolding Fourth Industrial Revolution.

To view the complete rankings and its explanation click here.

Source: World Economic Forum 

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