Romania drops in global competitiveness rankings - financiare.ro
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News » September, 2011 » 7 September 2011

Romania drops in global competitiveness rankings
07.09.2011, 21:00 | Economy | 600 views



Romania dropped 10 places to rank 77th in the 142-nation global competitiveness rankings compiled by the World Economic Forum (WEF), hotnews.ro informs. Romania totaled 4.08 points on a 1 to 7 scale. In 2010 Romania totaled 4.16 points.

Romania is outranked by countries such as Morocco (73rd), Kazakhstan (72nd), Vietnam (65th), Montenegro (60th), Azerbaijan (55th), Hungary (48th), Poland (41st), Tunisia (40th) and Estonia (33rd). Romania outranks Ukraine (82nd), Argentina (85th), R. of Moldova (93rd) and Serbia (95th). Romania is 26th at European Union level, outranking only Greece (90th). Compared to last year, Romania is now outranked by Latvia (64th) and Bulgaria (74th). Last year Latvia ranked 70th and Bulgaria ranked 71st.

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