Global GDP growth has fallen from levels of 4.4 percent in 2010 to 2.5 percent in 2015 and future growth prospects are constrained by longer-term trends. Many economies around the world struggle with the double challenges of slowing productivity growth and rising income inequality, often exacerbated by rapidly aging societies. This report aims at laying the foundations for long-term, sustainable growth.
Note: The Global Competitiveness Index captures the determinants of long-term growth. Recent developments (such as Brexit, commodity price changes, and market volatility) are reflected only in-so-far as they have an impact on data measuring these determinants. The Index should be interpreted in this context.
1. The scale ranges from 1 to 7.
2. 2015-2016 rank out of 140 economies.
3. Evolution in percentile rank since 2007.
For more information, check the full report here.
