The World Economic Forum recently published the 2019 edition of its report on competitiveness. This year, there are 141 economies of which 37 African were ranked according to 12 indicators grouped into four (4) main categories.

The first category relates to the business environment, which groups together 4 indicators namely: institutions, infrastructures, the level of digitization, and macroeconomic stability.

The second category, human capital, is based on health progress and the skill level of the population. The third category focuses on the economic structure across the level of production, the financial system and the size of the market. Finally, the fourth category scrutinizes the dynamism of companies and their capacity for innovation.

Among the African countries, Mauritius is at the top of this ranking (52 nd ) with a score of 64/100, well above average. In particular, the country has performed well on some indicators such as macroeconomic stability (89), the financial system (77), and the health system.

South Africa ranks second on the continent (60 th) with a general score of 62/100, driven by indicators such as macroeconomic stability (88), the financial system (83), and the size of its market (69).

Next, Morocco (75 th ), which has a general score of 60/100, with good performances in terms of certain indicators in particular, macroeconomic stability (90), infrastructures (73), and the system. health care (72).

The Seychelles is fourth (76 th). Tunisia ranks fifth (87 th ) of this ranking.

The Algeria is sixth (89 th ), followed by Botswana (91 th ). Egypt, Namibia and Kenya close the top 10 in this ranking.

At the global level, of the 25 countries that have improved their health indicator performance, 17 are African.

The 2019 African Index of Competitiveness of the World Economic Forum

Rank Africa Country Score / 100 World rank Variation world rank Variation in score
1 Mauritius 64 52 th -3 0.5
2 South Africa 62.4 60 th +7 1.7
3 Morocco 60 75 th 1.5
4 Seychelles 59.6 76 th -2 1.1
5 Tunisia 56.4 87 th 0.8
6 Algeria 56.3 89 th 3 2.5
7 Botswana 55.5 91 st -1 1.0
8 Egypt 54.5 93 th 6 1.8
9 Namibia 54.5 94 th 6 1.8
10 Kenya 54.1 95 th -2 0.5
11 Rwanda 52.8 100 th 8 1.9
12 Ghana 51.2 111 th -5 -0.1
13 Capo verde 50.8 112 th -1 0.6
14 Senegal 49.7 114 th -1 0.7
15 Uganda 48.9 115 th 2 2.1
16 Nigeria 48.3 116 th -1 0.8
17 Tanzania 48.2 117 th -1 1.0
18 Ivory Coast 48.1 118 th -4 0.6
19 Gabon 47.5 119 th n / A n / A
20 Zambia 46.5 120 th -2 0.5
21 Swaziland 46.4 121 st -1 1.1
22 Guinea 46.1 122 nd 4 2.9
23 Cameroon 46.0 123 th -2 0.9
24 Gambia 45.9 124 th -5 0.5
25 Benin 45.8 125 th -2 1.4
26 Ethiopia 44.4 126th -4 -0.1
27 Zimbabwe 44.2 127 th +1 1.6
28 Malawi 43.7 128 th +1 1.3
29 Burkina Faso 43.6 129 th -4
30 Lesotho 42.9 130 th -1 0.6
31 Madagascar 42.9 132th n / A n / A
32 Mauritania 40.9 134 th -3 0.1
33 Burundi 40.3 135 th +1 2.7
34 Angola 38.1 136 th +1 1.1
35 Mozambique 38.1 137th -4 -1.7
36 DRC 36.1 139 th -4 -2.1
37 Chad 35.1 141st -1 -0.4

 

Source : www3.weforum.org

Keywords: Africa, News, Economy, Competitiveness

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