Monday, 3 October 2016

Mauritian economy ranked 'most competitive' in sub Saharan African

Mauritius is sub Saharan Africa’s most
competitive economy according to the
latest ranking of ‘The Global
Competitiveness Index,’ by the World
Economic Forum (WEF).

The country however ranks at number
45 on the global ladder of 138
countries with a score of 4.49, a step
from their ranking last year. Mauritius
is sandwiched by Italy and Portugal.
South Africa, Rwanda, Botswana and
Namibia completed the top 5 places
for sub Saharan Africa. The WEF has
been measuring economic
competitiveness among countries since
1979.
Below is the top 10 of sub Saharan
Africa’s competitive economies.
1. Mauritius ranked 45th
globally with score of 4.49
2. South Africa ranked 47th
globally with score of 4.47
3. Rwanda ranked 52nd
globally with score of 4.41
4. Botswana ranked 64th
globally with score of 4.29
5. Namibia ranked 84th
globally with score of 4.02
6. Kenya ranked 95th globally
with score of 3.92
7. Cote D’ivoire ranked 99th
globally with score of 3.86
8. Gabon ranked 108th
globally with score of 3.79
9. Ethiopia ranked 109th
globally with score of 3.77
10. Cape Verde ranked 110th
globally with score of 3.76
On the global scale, Switzerland,
Singapore, United States, Netherlands
and Germany completed the top 5
economies with scores of 5.81, 5.72,
5.70, 5.57 and 5.57 respectively.