Azerbaijan ranks third among ex-Soviet competitive states
BAKU – Azerbaijan was rated third by the World Economic Forum in the list of most competitive countries among the former Soviet republics. Estonia topped the list, while Lithuania ranked second.
Azerbaijan was ranked 57th among the world’s most competitive countries, while Russia – 63rd.
The first place in the world list of competitiveness was taken by Switzerland, while second and third – by Singapore and USA respectively. The top ten included Germany, Japan, Finland, Netherlands, Denmark and Canada.
The efficiency of commodity and labor markets, the quality of health and education, the macro economic situation and the development of financial market were key factors considered by the World Economic Forum while preparing the list.
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