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Global Competitiveness Index
(composition and some figures)
Copyright Jana Kubicová
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Composition
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
Subindex A
Basic requirements
Institutions
Infrastructure
Macroeconomic
environment
Health and primary
education
Subindex B
Efficiency enhancers
Higher education and
training
Goods market efficiency
Labor market efficiency
Financial market
development
Technological readiness
Market size
Subindex C
Innovation and
sophistication factors
Business
sophistication
Innovation
Source: Image by Jana Kubicová .
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
Subindex A Basic requirements, 1-7 (best)
1st pillar: Institutions, 1-7 (best)
1.A Public institutions, 1-7 (best)
1.01 Property rights, 1-7 (best)
1.02 Intellectual property protection, 1-7 (best)
1.03 Diversion of public funds, 1-7 (best)
1.04 Public trust in politicians, 1-7 (best)
1.05 Irregular payments and bribes, 1-7 (best)
1.06 Judicial independence, 1-7 (best)
1.07 Favoritism in decisions of government officials, 1-7 (best)
1.08 Wastefulness of government spending, 1-7 (best)
1.09 Burden of government regulation, 1-7 (best)
1.10 Efficiency of legal framework in settling disputes, 1-7 (best)
1.11 Efficiency of legal framework in challenging regs., 1-7 (best)
1.12 Transparency of government policymaking, 1-7 (best)
1.13 Gov't services for improved business performance, 1-7 (best)
1.14 Business costs of terrorism, 1-7 (best)
1.15 Business costs of crime and violence, 1-7 (best)
1.16 Organized crime, 1-7 (best)
1.17 Reliability of police services, 1-7 (best)
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
1st pillar: Institutions, 1-7 (best)
1.B Private institutions, 1-7 (best)
1.18 Ethical behavior of firms, 1-7 (best)
1.19 Strength of auditing and reporting standards, 1-7 (best)
1.20 Efficacy of corporate boards, 1-7 (best)
1.21 Protection of minority shareholders’ interests, 1-7 (best)
1.22 Strength of investor protection, 0–10 (best)
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
2nd pillar: Infrastructure, 1-7 (best)
2.A Transport infrastructure, 1-7 (best)
2.01 Quality of overall infrastructure, 1-7 (best)
2.02 Quality of roads, 1-7 (best)
2.03 Quality of railroad infrastructure, 1-7 (best)
2.04 Quality of port infrastructure, 1-7 (best)
2.05 Quality of air transport infrastructure, 1-7 (best)
2.06 Available airline seat kms/week, millions
2.B Electricity and telephony infrastructure, 1-7 (best)
2.07 Quality of electricity supply, 1-7 (best)
2.08 Mobile telephone subscriptions/100 pop.
2.09 Fixed telephone lines/100 pop.
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
3rd pillar: Macroeconomic environment, 1-7 (best)
3.01 Government budget balance, %
3.02 Gross national savings, %
3.03 Inflation, annual %
3.04 General government debt, %
3.05 Country credit rating, 0–100 (best)
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
4th pillar: Health and primary education, 1-7 (best)
4.A Health, 1-7 (best)
4.01 Business impact of malaria, 1-7 (best)
4.02 Malaria cases/100,000 pop.
4.03 Business impact of tuberculosis, 1-7 (best)
4.04 Tuberculosis cases/100,000 pop.
4.05 Business impact of HIV/AIDS, 1-7 (best)
4.06 HIV prevalence, %
4.07 Infant mortality, deaths/1,000 live births
4.08 Life expectancy, years
4.B Primary education, 1-7 (best)
4.09 Quality of primary education, 1-7 (best)
4.10 Primary education enrollment, net %
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
Subindex B Efficiency enhancers, 1-7 (best)
5th pillar: Higher education and training, 1-7 (best)
5.A Quantity of education, 1-7 (best)
5.01 Secondary education enrollment, gross %
5.02 Tertiary education enrollment, gross %
5.B Quality of education, 1-7 (best)
5.03 Quality of the educational system, 1-7 (best)
5.04 Quality of math and science education, 1-7 (best)
5.05 Quality of management schools, 1-7 (best)
5.06 Internet access in schools, 1-7 (best)
5.C On-the-job training, 1-7 (best)
5.07 Availability of research and training services, 1-7 (best)
5.08 Extent of staff training, 1-7 (best)
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
6th pillar: Goods market efficiency, 1-7 (best)
6.A Competition, 1-7 (best)
6.01 Intensity of local competition, 1-7 (best)
6.02 Extent of market dominance, 1-7 (best)
6.03 Effectiveness of anti-monopoly policy, 1-7 (best)
6.04 Extent and effect of taxation, 1-7 (best)
6.05 Total tax rate, %
6.06 No. procedures to start a business
6.07 No. days to start a business
6.08 Agricultural policy costs, 1-7 (best)
6.09 Prevalence of trade barriers, 1-7 (best)
6.10 Trade tariffs, %
6.11 Prevalence of foreign ownership, 1-7 (best)
6.12 Business impact of rules on FDI, 1-7 (best)
6.13 Burden of customs procedures, 1-7 (best)
6.14 Imports as a percentage of GDP
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
6th pillar: Goods market efficiency, 1-7 (best)
6.B Quality of demand conditions, 1-7 (best)
6.15 Degree of customer orientation, 1-7 (best)
6.16 Buyer sophistication, 1-7 (best)
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
7th pillar: Labor market efficiency, 1-7 (best)
7.A Flexibility, 1-7 (best)
7.01 Cooperation in labor-employer relations, 1-7 (best)
7.02 Flexibility of wage determination, 1-7 (best)
7.03 Hiring and firing practices, 1-7 (best)
7.04 Redundancy costs, weeks of salary
7.B Efficient use of talent, 1-7 (best)
7.05 Pay and productivity, 1-7 (best)
7.06 Reliance on professional management, 1-7 (best)
7.07 Brain drain, 1-7 (best)
7.08 Women in labor force, ratio to men
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
8th pillar: Financial market development, 1-7 (best)
8.A Efficiency, 1-7 (best)
8.01 Availability of financial services, 1-7 (best)
8.02 Affordability of financial services, 1-7 (best)
8.03 Financing through local equity market, 1-7 (best)
8.04 Ease of access to loans, 1-7 (best)
8.05 Venture capital availability, 1-7 (best)
8.B Trustworthiness and confidence, 1-7 (best)
8.06 Soundness of banks, 1-7 (best)
8.07 Regulation of securities exchanges, 1-7 (best)
8.08 Legal rights index, 0–10 (best)
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
9th pillar: Technological readiness, 1-7 (best)
9.A Technological adoption, 1-7 (best)
9.01 Availability of latest technologies, 1-7 (best)
9.02 Firm-level technology absorption, 1-7 (best)
9.03 FDI and technology transfer, 1-7 (best)
9.04 Individuals using Internet, %
9.05 Broadband Internet subscriptions/100 pop.
9.06 Int’l Internet bandwidth, kb/s per user
9.07 Mobile broadband subscriptions/100 pop.
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
10th pillar: Market size, 1-7 (best)
10.A Domestic market size, 1-7 (best)
10.01 Domestic market size index, 1–7 (best)
10.B Foreign market size, 1-7 (best)
10.02 Foreign market size index, 1–7 (best)
10.03 GDP (PPP)
10.04 Exports as a percentage of GDP
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
Subindex C Innovation and sophistication factors
11th pillar: Business sophistication, 1-7 (best)
11.01 Local supplier quantity, 1-7 (best)
11.02 Local supplier quality, 1-7 (best)
11.03 State of cluster development, 1-7 (best)
11.04 Nature of competitive advantage, 1-7 (best)
11.05 Value chain breadth, 1-7 (best)
11.06 Control of international distribution, 1-7 (best)
11.07 Production process sophistication, 1-7 (best)
11.08 Extent of marketing, 1-7 (best)
11.09 Willingness to delegate authority, 1-7 (best)
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Main characteristics of contemporary world
Competitiveness – Global Competitiveness Index
12th pillar: Innovation, 1-7 (best)
12.01 Capacity for innovation, 1-7 (best)
12.02 Quality of scientific research institutions, 1-7 (best)
12.03 Company spending on R&D, 1-7 (best)
12.04 University-industry collaboration in R&D, 1-7 (best)
12.05 Gov’t procurement of advanced tech products, 1-7 (best)
12.06 Availability of scientists and engineers, 1-7 (best)
12.07 PCT patents, applications/million pop.
0.01 GDP (US$ billions)
0.02 Population (millions)
0.03 GDP per capita (US$)
0.04 GDP (PPP)
9.B ICT use, 1-7 (best)
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
Figures
The Global Competitiveness Index 2012-
2013 rankings – world top 25
4.6
4.8
5
5.2
5.4
5.6
5.8
0
5
10
15
20
25
30
Switzerland
Singapore
Finland
Sweden
Netherlands
Germany
UnitedStates
UnitedKingdom
HongKongSAR
Japan
Qatar
Denmark
Taiwan,China
Canada
Norway
Austria
Belgium
SaudiArabia
Korea,Rep.
Australia
France
Luxembourg
NewZealand
UnitedArabEmirates
Malaysia
Rank
Score
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
The Global Competitiveness Index 2012-2013 rankings – Asia
0
1
2
3
4
5
6
0
20
40
60
80
100
120
140 Singapore
HongKongSAR
Japan
Taiwan,China
Korea,Rep.
Australia
NewZealand
Malaysia
China
Azerbaijan
Indonesia
Kazakhstan
India
Philippines
Vietnam
Cambodia
Mongolia
Tajikistan
Bangladesh
Pakistan
Nepal
KyrgyzRepublic
Rank
Score
Source: Compiled by Jana Kubicová from the Global Competitive Index database.
The Global Competitiveness Index 2012-2013 rankings – East
Europe
3.4
3.6
3.8
4
4.2
4.4
4.6
4.8
0
10
20
30
40
50
60
70
80
90
100
Estonia
CzechRepublic
Poland
Lithuania
Latvia
Slovenia
Hungary
Bulgaria
RussianFederation
SlovakRepublic
Montenegro
Ukraine
Romania
Macedonia,FYR
Croatia
BosniaandHerzegovina
Albania
Mongolia
Serbia
Rank
Score
Source: Compiled by Jana Kubicová from the Global Competitive Index database.

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GCI Subindexes and Pillars

  • 1. Global Competitiveness Index (composition and some figures) Copyright Jana Kubicová All rights are reserved. No part of this document or the content on it may be reproduced, stored or transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise, without full attribution and prior written permission from owner.
  • 3. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index Subindex A Basic requirements Institutions Infrastructure Macroeconomic environment Health and primary education Subindex B Efficiency enhancers Higher education and training Goods market efficiency Labor market efficiency Financial market development Technological readiness Market size Subindex C Innovation and sophistication factors Business sophistication Innovation Source: Image by Jana Kubicová .
  • 4. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index Subindex A Basic requirements, 1-7 (best) 1st pillar: Institutions, 1-7 (best) 1.A Public institutions, 1-7 (best) 1.01 Property rights, 1-7 (best) 1.02 Intellectual property protection, 1-7 (best) 1.03 Diversion of public funds, 1-7 (best) 1.04 Public trust in politicians, 1-7 (best) 1.05 Irregular payments and bribes, 1-7 (best) 1.06 Judicial independence, 1-7 (best) 1.07 Favoritism in decisions of government officials, 1-7 (best) 1.08 Wastefulness of government spending, 1-7 (best) 1.09 Burden of government regulation, 1-7 (best) 1.10 Efficiency of legal framework in settling disputes, 1-7 (best) 1.11 Efficiency of legal framework in challenging regs., 1-7 (best) 1.12 Transparency of government policymaking, 1-7 (best) 1.13 Gov't services for improved business performance, 1-7 (best) 1.14 Business costs of terrorism, 1-7 (best) 1.15 Business costs of crime and violence, 1-7 (best) 1.16 Organized crime, 1-7 (best) 1.17 Reliability of police services, 1-7 (best) Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 5. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 1st pillar: Institutions, 1-7 (best) 1.B Private institutions, 1-7 (best) 1.18 Ethical behavior of firms, 1-7 (best) 1.19 Strength of auditing and reporting standards, 1-7 (best) 1.20 Efficacy of corporate boards, 1-7 (best) 1.21 Protection of minority shareholders’ interests, 1-7 (best) 1.22 Strength of investor protection, 0–10 (best) Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 6. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 2nd pillar: Infrastructure, 1-7 (best) 2.A Transport infrastructure, 1-7 (best) 2.01 Quality of overall infrastructure, 1-7 (best) 2.02 Quality of roads, 1-7 (best) 2.03 Quality of railroad infrastructure, 1-7 (best) 2.04 Quality of port infrastructure, 1-7 (best) 2.05 Quality of air transport infrastructure, 1-7 (best) 2.06 Available airline seat kms/week, millions 2.B Electricity and telephony infrastructure, 1-7 (best) 2.07 Quality of electricity supply, 1-7 (best) 2.08 Mobile telephone subscriptions/100 pop. 2.09 Fixed telephone lines/100 pop. Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 7. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 3rd pillar: Macroeconomic environment, 1-7 (best) 3.01 Government budget balance, % 3.02 Gross national savings, % 3.03 Inflation, annual % 3.04 General government debt, % 3.05 Country credit rating, 0–100 (best) Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 8. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 4th pillar: Health and primary education, 1-7 (best) 4.A Health, 1-7 (best) 4.01 Business impact of malaria, 1-7 (best) 4.02 Malaria cases/100,000 pop. 4.03 Business impact of tuberculosis, 1-7 (best) 4.04 Tuberculosis cases/100,000 pop. 4.05 Business impact of HIV/AIDS, 1-7 (best) 4.06 HIV prevalence, % 4.07 Infant mortality, deaths/1,000 live births 4.08 Life expectancy, years 4.B Primary education, 1-7 (best) 4.09 Quality of primary education, 1-7 (best) 4.10 Primary education enrollment, net % Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 9. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index Subindex B Efficiency enhancers, 1-7 (best) 5th pillar: Higher education and training, 1-7 (best) 5.A Quantity of education, 1-7 (best) 5.01 Secondary education enrollment, gross % 5.02 Tertiary education enrollment, gross % 5.B Quality of education, 1-7 (best) 5.03 Quality of the educational system, 1-7 (best) 5.04 Quality of math and science education, 1-7 (best) 5.05 Quality of management schools, 1-7 (best) 5.06 Internet access in schools, 1-7 (best) 5.C On-the-job training, 1-7 (best) 5.07 Availability of research and training services, 1-7 (best) 5.08 Extent of staff training, 1-7 (best) Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 10. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 6th pillar: Goods market efficiency, 1-7 (best) 6.A Competition, 1-7 (best) 6.01 Intensity of local competition, 1-7 (best) 6.02 Extent of market dominance, 1-7 (best) 6.03 Effectiveness of anti-monopoly policy, 1-7 (best) 6.04 Extent and effect of taxation, 1-7 (best) 6.05 Total tax rate, % 6.06 No. procedures to start a business 6.07 No. days to start a business 6.08 Agricultural policy costs, 1-7 (best) 6.09 Prevalence of trade barriers, 1-7 (best) 6.10 Trade tariffs, % 6.11 Prevalence of foreign ownership, 1-7 (best) 6.12 Business impact of rules on FDI, 1-7 (best) 6.13 Burden of customs procedures, 1-7 (best) 6.14 Imports as a percentage of GDP Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 11. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 6th pillar: Goods market efficiency, 1-7 (best) 6.B Quality of demand conditions, 1-7 (best) 6.15 Degree of customer orientation, 1-7 (best) 6.16 Buyer sophistication, 1-7 (best) Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 12. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 7th pillar: Labor market efficiency, 1-7 (best) 7.A Flexibility, 1-7 (best) 7.01 Cooperation in labor-employer relations, 1-7 (best) 7.02 Flexibility of wage determination, 1-7 (best) 7.03 Hiring and firing practices, 1-7 (best) 7.04 Redundancy costs, weeks of salary 7.B Efficient use of talent, 1-7 (best) 7.05 Pay and productivity, 1-7 (best) 7.06 Reliance on professional management, 1-7 (best) 7.07 Brain drain, 1-7 (best) 7.08 Women in labor force, ratio to men Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 13. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 8th pillar: Financial market development, 1-7 (best) 8.A Efficiency, 1-7 (best) 8.01 Availability of financial services, 1-7 (best) 8.02 Affordability of financial services, 1-7 (best) 8.03 Financing through local equity market, 1-7 (best) 8.04 Ease of access to loans, 1-7 (best) 8.05 Venture capital availability, 1-7 (best) 8.B Trustworthiness and confidence, 1-7 (best) 8.06 Soundness of banks, 1-7 (best) 8.07 Regulation of securities exchanges, 1-7 (best) 8.08 Legal rights index, 0–10 (best) Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 14. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 9th pillar: Technological readiness, 1-7 (best) 9.A Technological adoption, 1-7 (best) 9.01 Availability of latest technologies, 1-7 (best) 9.02 Firm-level technology absorption, 1-7 (best) 9.03 FDI and technology transfer, 1-7 (best) 9.04 Individuals using Internet, % 9.05 Broadband Internet subscriptions/100 pop. 9.06 Int’l Internet bandwidth, kb/s per user 9.07 Mobile broadband subscriptions/100 pop. Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 15. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 10th pillar: Market size, 1-7 (best) 10.A Domestic market size, 1-7 (best) 10.01 Domestic market size index, 1–7 (best) 10.B Foreign market size, 1-7 (best) 10.02 Foreign market size index, 1–7 (best) 10.03 GDP (PPP) 10.04 Exports as a percentage of GDP Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 16. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index Subindex C Innovation and sophistication factors 11th pillar: Business sophistication, 1-7 (best) 11.01 Local supplier quantity, 1-7 (best) 11.02 Local supplier quality, 1-7 (best) 11.03 State of cluster development, 1-7 (best) 11.04 Nature of competitive advantage, 1-7 (best) 11.05 Value chain breadth, 1-7 (best) 11.06 Control of international distribution, 1-7 (best) 11.07 Production process sophistication, 1-7 (best) 11.08 Extent of marketing, 1-7 (best) 11.09 Willingness to delegate authority, 1-7 (best) Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 17. Main characteristics of contemporary world Competitiveness – Global Competitiveness Index 12th pillar: Innovation, 1-7 (best) 12.01 Capacity for innovation, 1-7 (best) 12.02 Quality of scientific research institutions, 1-7 (best) 12.03 Company spending on R&D, 1-7 (best) 12.04 University-industry collaboration in R&D, 1-7 (best) 12.05 Gov’t procurement of advanced tech products, 1-7 (best) 12.06 Availability of scientists and engineers, 1-7 (best) 12.07 PCT patents, applications/million pop. 0.01 GDP (US$ billions) 0.02 Population (millions) 0.03 GDP per capita (US$) 0.04 GDP (PPP) 9.B ICT use, 1-7 (best) Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 19. The Global Competitiveness Index 2012- 2013 rankings – world top 25 4.6 4.8 5 5.2 5.4 5.6 5.8 0 5 10 15 20 25 30 Switzerland Singapore Finland Sweden Netherlands Germany UnitedStates UnitedKingdom HongKongSAR Japan Qatar Denmark Taiwan,China Canada Norway Austria Belgium SaudiArabia Korea,Rep. Australia France Luxembourg NewZealand UnitedArabEmirates Malaysia Rank Score Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 20. The Global Competitiveness Index 2012-2013 rankings – Asia 0 1 2 3 4 5 6 0 20 40 60 80 100 120 140 Singapore HongKongSAR Japan Taiwan,China Korea,Rep. Australia NewZealand Malaysia China Azerbaijan Indonesia Kazakhstan India Philippines Vietnam Cambodia Mongolia Tajikistan Bangladesh Pakistan Nepal KyrgyzRepublic Rank Score Source: Compiled by Jana Kubicová from the Global Competitive Index database.
  • 21. The Global Competitiveness Index 2012-2013 rankings – East Europe 3.4 3.6 3.8 4 4.2 4.4 4.6 4.8 0 10 20 30 40 50 60 70 80 90 100 Estonia CzechRepublic Poland Lithuania Latvia Slovenia Hungary Bulgaria RussianFederation SlovakRepublic Montenegro Ukraine Romania Macedonia,FYR Croatia BosniaandHerzegovina Albania Mongolia Serbia Rank Score Source: Compiled by Jana Kubicová from the Global Competitive Index database.