Malta’s competitiveness is on the up, according to the World Economic Forum Global Competitiveness Index 2016-2017.

Malta now ranks 37th out of 137 countries included in this publication, ahead of Italy, Portugal, Slovenia, and Croatia. This represents an improvement on the 40th place attained in the previous release.

This publication assesses each country on 12 main pillars. Malta excelled particularly well in the areas of higher education and training (30th), labour market efficiency (29th), business sophistication (31st), and innovation (38th).

THE TOP 10 MOST COMPETITIVE ECONOMIES IN THE WORLD

1. Switzerland

2. United States

3. Singapore

4. Netherlands

5. Germany

6. Hong Kong SAR

7. Sweden

8. United Kingdom

9. Japan

10. Finland