India ranked 58th most competitive economy in World Economic Forum(WEF) index

Posted on:18 Oct 2018 12:00:25
India ranked 58th most competitive economy in World Economic Forum(WEF) index
18 October 2018 Current Affairs: World Economic Forum released the Global Competitiveness Report 2018.
According to the report, India has jumped five spots to become the 58th most competitive economy on the Global Competitiveness Index 2018 (GCI 4.0). India witnessed the largest gain among the G20 nations.
The index covers 140 nations and it measures national competitiveness. 
The United States ranked number one again with a score of 85.6.
Federation, India, South Africa and Brazil respectively. 
The Top 5 countries on the Index are:
1. US, 
2. Singapore, 
3. Germany, 
4. Switzerland, and 
5. Japan. 
World Economic Forum released the Global Competitiveness Report 2018.
According to the report, India has jumped five spots to become the 58th most competitive economy on the Global Competitiveness Index 2018 (GCI 4.0). India witnessed the largest gain among the G20 nations.
The index covers 140 nations and it measures national competitiveness. 
The United States ranked number one again with a score of 85.6.
Federation, India, South Africa and Brazil respectively. 
The Top 5 countries on the Index are:
1. US, 
2. Singapore, 
3. Germany, 
4. Switzerland, and 
5. Japan. 



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