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The Netherlands ranked #5 in Global Competitiveness Report of 2012/13

Rankings 7 September 2012, 14:21

The Netherlands has risen in the rankings of the Global Competitiveness Report for 2012-2013. This year’s ranking only further confirms the Dutch position as an economic powerhouse.

The Netherlands ranked in Global Competitiveness ReportAmsterdam, the capital of the NetherlandsThe Netherlands has risen in the rankings of the Global Competitiveness Report for 2012-2013.

Put out by the World Economic Forum on September 5th, the Dutch have moved up to 5th from 7th place last year, trading places with the United States, and beating Germany by one spot.

This year’s ranking only further confirms the Dutch position as an economic powerhouse.

Scoring very well in areas such as business sophistication, innovation, technological readiness, health, education, and training, as well as its high quality in infrastructure continue to make it an economic leader in Europe and the world.

The Global Competitiveness Index, or GCI, is put out annually and has been comparing the economic performance of countries since 1979.

144 countries’ economies have been analysed for the 2012-2013 rankings, with their assessments being based on important factors that determine economic growth and prosperity.

The GCI’s top 10 is dominated by northern and western European countries with Switzerland being ranked 1st for the fourth year in a row, Finland coming in 3rd, Sweden in 4th, Germany in 6th, and the United Kingdom in 8th place. The top 10 also includes Singapore, still in 2nd place from last year, the U.S. in 7th, Hong Kong in 9th, and Japan in 10th place.

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