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The Global Competitiveness Index is a framework and a corresponding set of indicators in three principal categories and twelve policy domains for 137 economies. It measures the relative competitiveness of national economies.

The newest Global Competitiveness report for 2017-2018 implies that ten years on from the global financial crisis, the prospects for a sustained economic recovery remain at risk due to a widespread failure on the part of leaders and policy-makers to put in place reforms necessary to underpin competitiveness and bring about much-needed increases in productivity.

Switzerland, the United States and Singapore remain the three world’s most competitive economies, followed by Netherlands, Germany and Hong Kong SAR.

Ranked 68^th in the past year, Macedonia did not participate in this year rankings as data were unreliable. The most competitive neighboring economies:

1. Slovenia – 48^th place
2. Bulgaria – 49^th place
3. Romania – 68^th place
4. Croatia – 74^th place
5. Albania – 75^th place