Ukraine slides in Global Competitiveness Index ranking in 2019

Ukraine took 85th place among 141 countries.

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Ukraine has slid by two positions in the Global Competitiveness Index ranking, which is annually prepared by the World Economic Forum in Davos (Switzerland).

According to The Global Competitiveness Report 2019, published on the website of the World Economic Forum, Ukraine took 85th place among 141 countries, while last year it was 83rd.

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In particular, macroeconomic stability indicators worsened – Ukraine fell from 131st to 133rd place, while its financial system indicators slid from 117th to 136th place, those of health care from 94th to 101st place.

However, Ukraine managed to climb from 86th to 85th place by business dynamism, from 66th to 59th place by labor market indicators and from 73rd to 57th place by product market indicators.

Singapore, the United States and Hong Kong topped the ranking. The last place in the ranking belongs to Yemen and Chad.

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