Saudi Arabia Advances to the 24th Place in the Global Competitiveness Index

  • Riyadh, KSA
  • 17 June 2020
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The Kingdom of Saudi Arabia has made progress in the Global Competitiveness Report 2020 of the International Institute for Administrative Development, to be the only country from the Middle East region which is progressing in its rank, as Saudi Arabia's competition in 2018 ranked 39th to jump to the 26th place in the past year 2019 before climbing to the 24th place in the new version of 2020, recording an exceptional improvement in the Middle East.

According to the Global Competitiveness Center, Saudi Arabia is the only Arab country that has seen progress in its report this year, as the level of most sectors in Saudi performance has risen against the past three years in which the Kingdom has recorded tangible leaps in the classification with a significant and steady evaluation increase in performance from 2018.

According to the Global Competitiveness Report, the “Kingdom's Vision 2030” implemented programs and strategies supported the escalation of the Saudi benchmark in standards, as the Kingdom achieved progress in 3 out of four general benchmarks, and its performance improved in 13 items in the detailed evaluation.

Which the report describes as a clear indication of the Kingdom’s implementation of a number of programs and strategies that are in line with the achievement of the Kingdom’s “2030 Vision,” and which is in the interest of the Saudi citizen and achieving a prosperous national economy.

Source (Al-Sharq Al-Awsat newspaper, Edited)

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