What is the ranking of the Arab countries in the “Competitiveness...

What is the ranking of the Arab countries in the “Competitiveness...
What is the ranking of the Arab countries in the “Competitiveness...

The Arab Monetary Fund said that the UAE maintained its first place at the level of Arab countries in the general index of the competitiveness of Arab economies, according to WAM news agency.

According to the fund, the UAE has benefited from being ranked second after Singapore in the field of business environment and competitive infrastructure, and the second place in the index of institutions and good governance, indicating the improvement of competitiveness indicators in four Arab countries.

In the report, “The Competitiveness of Arab Economies”, he added that Saudi Arabia ranked second, benefiting from being ranked first at the level of Arab countries in the macroeconomic performance index, and also ranked first at the level of Arab countries, and second at the level of the group as a whole in the external sector index. , taking advantage of its acquisition of the first place in the official reserves index, and the second place in the index of coverage of official foreign reserves of commodity imports in months.

The State of Qatar came in third place in the general index of the competitiveness of Arab countries, benefiting from the first place at the level of the Arab countries, and the third at the level of the group countries as a whole in the real sector indicators, due to its obtaining the first place in the inflation index, and its obtaining the second place At the level of the group as a whole in the per capita GDP index, in addition, the State of Qatar ranked second at the level of Arab countries, and fourth at the level of the group as a whole in the investment environment and attractiveness index, as a result of obtaining third place in the competitive infrastructure index.

On the other hand, the report indicated, based on the levels of progress in the sub-indicators of the investment environment and attractiveness sector, that the UAE ranked first at the level of the Arab countries, and the second at the level of the group as a whole, while Qatar ranked second in the Arab world, and third at the level of the group as a whole. Oman ranked third in the Arab world and eighth at the level of the group as a whole, and Saudi Arabia ranked fourth among the Arab countries in the same index.

The report, “The Competitiveness of Arab Economies,” reviews the development of Arab economies’ competitive levels, and sheds light on the economic policies and procedures that Arab countries adopt to develop their productivity and improve their competitive indicators.

It also monitors the levels of competitiveness of Arab countries through the evolution of their ranking in the general competitiveness index, which consists of two main indicators: the macroeconomic index and the investment environment and attractiveness index, from which seven indicators comprising 29 quantitative variables that measure the development of competitiveness levels in the Arab countries, and a group of comparison countries. .

Source: wam

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