Baltic states do slightly worse in Global Competitiveness Report
In the Global Competitiveness Report 2018 released by the World Economic Forum, Lithuania and Estonia have dropped by two positions, while all Baltic states remain among the top 45 most competitive economies in the world.
According to the report published by the World Economic Forum on Tuesday, October 16, Estonia has been ranked the highest in 32nd position (down from 30th).
Lithuania has been evaluated as the 40th most competitive (down from 38th); however, Latvia has improved its score by 1.4 points but stayed in its unchanged position of 42.
The most competitive nations in the world according to the World Economic forum are: United States, Singapore, Germany, Switzerland, Japan, Netherlands, Hong Kong (China), United Kingdom, Sweden and Denmark.