{"id":14357,"date":"2023-10-09T17:37:10","date_gmt":"2023-10-09T17:37:10","guid":{"rendered":"https:\/\/strategyopt.com\/?post_type=global_indices&#038;p=14357"},"modified":"2023-10-26T18:55:55","modified_gmt":"2023-10-26T18:55:55","slug":"the-global-competitiveness-index","status":"publish","type":"global_indices","link":"https:\/\/strategyopt.com\/ar\/global_indices\/the-global-competitiveness-index\/","title":{"rendered":"The Global Competitiveness Index"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"14357\" class=\"elementor elementor-14357\" data-elementor-post-type=\"global_indices\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-490be5f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"490be5f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c66336a\" data-id=\"c66336a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-ab44cb2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ab44cb2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-010112c\" data-id=\"010112c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c86413 elementor-widget elementor-widget-text-editor\" data-id=\"5c86413\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>Description<\/b><\/p>\n<p>According to the World Economic Forum, competitiveness is the set of institutions, policies, and factors that determine the country&#8217;s level of productivity. The level of productivity, in turn, determines how prosperous a given economy can be. It also determines the rates of returns that investments receive in this economy. These returns are essential drivers of the pace of growth in it. In other words, the higher competitive economy is likely to grow with time more quickly.<\/p><p>The Global Competitiveness Index 2019, which covers 141 countries, has been developed to measure progress in the competitiveness of countries based on a set of factors, each covering an aspect of competitiveness, and issued in an annual report called the Global Competitiveness Index (GCI).<\/p><p>The Rank of Bahrain improved to 45 in 2019 from 50 in 2018<\/p>\n<p><b>Structure and Computation:<\/b><\/p>\n<p>The Global Competitiveness Index comprises more than 140 indicators that related to the country\u2019s productivity and prosperity in the long term. These indicators are classified under twelve pillars (institutions, infrastructure, ICT Adopter, Macroeconomic Stability, Health, Skills, Product Market, labor market, Financial System, Market Size, Business Dynamism, innovation Capability) .These pillars were also grouped under four categories: Enabling Environment, Human Capital, Markets, and Innovation Ecosystem.<\/p><p>The computation of the GCI is based on successive aggregations of scores, from the indicator level to the overall GCI score. At every aggregation level, each aggregated measure is computed by taking the average (i.e. arithmetic mean) of the scores of its components. The overall GCI score is the average of the scores of the 12 pillars. For individual indicators, prior to aggregation, raw values are transformed into a progress score ranging from 0 to 100, with 100 being the ideal state.<span style=\"background-color: rgba(255, 255, 255, 0); color: var(--the7-base-color); letter-spacing: var(--the7-base-letter-spacing); text-transform: var(--the7-base-text-transform); word-spacing: normal;\"><br><\/span><\/p>\n<p><span style=\"background-color: rgba(255, 255, 255, 0); color: var(--the7-base-color); letter-spacing: var(--the7-base-letter-spacing); text-transform: var(--the7-base-text-transform); word-spacing: normal;\"><b>Overall Performance: Key Pillars<\/b><\/span><br><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-13e437a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"13e437a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-abeb116\" data-id=\"abeb116\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eb2f237 elementor-widget elementor-widget-column_chart\" data-id=\"eb2f237\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"column_chart.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div role=\"img\" class=\"chart-card\">\n\t<div>\n\t\t\t\t\t<h4 class=\"heading graphina-chart-heading\">\n\t\t\t\tScore (0-100)\t\t\t<\/h4>\n\t\t\n\t\t\t\t\t<p class=\"sub-heading 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data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7dba87b elementor-widget elementor-widget-column_chart\" data-id=\"7dba87b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"column_chart.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div role=\"img\" class=\"chart-card\">\n\t<div>\n\t\t\t\t\t<h4 class=\"heading graphina-chart-heading\">\n\t\t\t\tRank (114 Countries)\t\t\t<\/h4>\n\t\t\n\t\t\t\t\t<p class=\"sub-heading graphina-chart-sub-heading\">\n\t\t\t\t\t\t\t<\/p>\n\t\t\t<\/div>\n\t\n<div class=\"chart-box\">\n    <div class=\"graphina-elementor-chart \"\n        data-chart_type=\"column\"\n        data-common_filter_id=\"\"\n        data-element_id=\"7dba87b\"\n        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       data-settings=\"[]\"\n        style=\"height: 350px;\"\n    >\n    <\/div>\n<\/div>\n<script>\n    (function($) {\n        'use strict';\n        $(document).ready(function() {\n            if (window.graphinaColumnChart && typeof window.graphinaColumnChart.observeChartElement === 'function') {\n                window.graphinaColumnChart.observeChartElement($('.graphina-elementor-chart[data-element_id=\"7dba87b\"]'), 'bar');\n            }\n        });\n    })(jQuery);\n<\/script>\t<div class=\"graphina-filter-notext graphina-7dba87b-notext\" style=\"display: none; height:350px; align-content:center\">\n\t\t<p class=\"graphina-filter-notext\" style=\"text-align: center;\">\n\t\t\tNo Data Found\t\t<\/p>\n\t<\/div>\n\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-be57a59 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"be57a59\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d52f02e\" data-id=\"d52f02e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ea6de9 elementor-widget elementor-widget-text-editor\" data-id=\"4ea6de9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"background-color: rgba(255, 255, 255, 0); color: var(--the7-base-color); letter-spacing: var(--the7-base-letter-spacing); text-transform: var(--the7-base-text-transform); word-spacing: normal;\"><b>Overall Performance: Key Pillars<\/b><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d7e49cc elementor-widget elementor-widget-column_chart\" data-id=\"d7e49cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"column_chart.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div role=\"img\" class=\"chart-card\">\n\t<div>\n\t\t\t\t\t<h4 class=\"heading graphina-chart-heading\">\n\t\t\t\tBahrain Rank\t\t\t<\/h4>\n\t\t\n\t\t\t\t\t<p class=\"sub-heading graphina-chart-sub-heading\">\n\t\t\t\t\t\t\t<\/p>\n\t\t\t<\/div>\n\t\n<div class=\"chart-box\">\n    <div class=\"graphina-elementor-chart \"\n        data-chart_type=\"column\"\n        data-common_filter_id=\"\"\n        data-element_id=\"d7e49cc\"\n        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SVG&quot;,&quot;selection&quot;:&quot;Selection&quot;,&quot;selectionZoom&quot;:&quot;Selection Zoom&quot;,&quot;zoomIn&quot;:&quot;Zoom In&quot;,&quot;zoomOut&quot;:&quot;Zoom Out&quot;,&quot;pan&quot;:&quot;Panning&quot;,&quot;reset&quot;:&quot;Reset Zoom&quot;,&quot;menu&quot;:&quot;Menu&quot;,&quot;exportToSVG&quot;:&quot;Download SVG&quot;,&quot;exportToPNG&quot;:&quot;Download PNG&quot;,&quot;exportToCSV&quot;:&quot;Download CSV&quot;},&quot;months&quot;:[&quot;January&quot;,&quot;February&quot;,&quot;March&quot;,&quot;April&quot;,&quot;May&quot;,&quot;June&quot;,&quot;July&quot;,&quot;August&quot;,&quot;September&quot;,&quot;October&quot;,&quot;November&quot;,&quot;December&quot;],&quot;shortMonths&quot;:[&quot;Jan&quot;,&quot;Feb&quot;,&quot;Mar&quot;,&quot;Apr&quot;,&quot;May&quot;,&quot;Jun&quot;,&quot;Jul&quot;,&quot;Aug&quot;,&quot;Sep&quot;,&quot;Oct&quot;,&quot;Nov&quot;,&quot;Dec&quot;],&quot;days&quot;:[&quot;Sunday&quot;,&quot;Monday&quot;,&quot;Tuesday&quot;,&quot;Wednesday&quot;,&quot;Thursday&quot;,&quot;Friday&quot;,&quot;Saturday&quot;],&quot;shortDays&quot;:[&quot;Sun&quot;,&quot;Mon&quot;,&quot;Tue&quot;,&quot;Wed&quot;,&quot;Thu&quot;,&quot;Fri&quot;,&quot;Sat&quot;]}}],&quot;defaultLocale&quot;:&quot;ar&quot;},&quot;xaxis&quot;:{&quot;tickAmount&quot;:12,&quot;tickPlacement&quot;:&quot;between&quot;,&quot;position&quot;:&quot;bottom&quot;,&quot;labels&quot;:{&quot;show&quot;:true,&quot;rotateAlways&quot;:true,&quot;rotate&quot;:-45,&quot;offsetX&quot;:0,&quot;offsetY&quot;:0,&quot;trim&quot;:true,&quot;style&quot;:{&quot;colors&quot;:&quot;#000000&quot;,&quot;fontSize&quot;:&quot;12px&quot;,&quot;fontFamily&quot;:&quot;poppins&quot;,&quot;fontWeight&quot;:&quot;&quot;}},&quot;tooltip&quot;:{&quot;enabled&quot;:false},&quot;crosshairs&quot;:{&quot;show&quot;:false},&quot;categories&quot;:[&quot;Institution&quot;,&quot;Infrastructure&quot;,&quot;ICT 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       data-settings=\"[]\"\n        style=\"height: 350px;\"\n    >\n    <\/div>\n<\/div>\n<script>\n    (function($) {\n        'use strict';\n        $(document).ready(function() {\n            if (window.graphinaColumnChart && typeof window.graphinaColumnChart.observeChartElement === 'function') {\n                window.graphinaColumnChart.observeChartElement($('.graphina-elementor-chart[data-element_id=\"ab10d57\"]'), 'bar');\n            }\n        });\n    })(jQuery);\n<\/script>\t<div class=\"graphina-filter-notext graphina-ab10d57-notext\" style=\"display: none; height:400px; align-content:center\">\n\t\t<p class=\"graphina-filter-notext\" style=\"text-align: center;\">\n\t\t\tNo Data Found\t\t<\/p>\n\t<\/div>\n\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-959735f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"959735f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d1a1641\" data-id=\"d1a1641\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-caa24c4 elementor-align-center elementor-widget elementor-widget-the7_button_widget\" data-id=\"caa24c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"the7_button_widget.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\"><a href=\"https:\/\/strategyopt.com\/global-indices\/\" class=\"box-button elementor-button elementor-size-xs\">Back to indices<\/a><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Description According to the World Economic Forum, competitiveness is the set of institutions, policies, and factors that determine the country&#8217;s level of productivity. The level of productivity, in turn, determines how prosperous a given economy can be. It also determines the rates of returns that investments receive in this economy. These returns are essential drivers&hellip;<\/p>\n","protected":false},"featured_media":0,"template":"","index_category":[],"class_list":["post-14357","global_indices","type-global_indices","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/strategyopt.com\/ar\/wp-json\/wp\/v2\/global_indices\/14357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/strategyopt.com\/ar\/wp-json\/wp\/v2\/global_indices"}],"about":[{"href":"https:\/\/strategyopt.com\/ar\/wp-json\/wp\/v2\/types\/global_indices"}],"version-history":[{"count":49,"href":"https:\/\/strategyopt.com\/ar\/wp-json\/wp\/v2\/global_indices\/14357\/revisions"}],"predecessor-version":[{"id":15002,"href":"https:\/\/strategyopt.com\/ar\/wp-json\/wp\/v2\/global_indices\/14357\/revisions\/15002"}],"wp:attachment":[{"href":"https:\/\/strategyopt.com\/ar\/wp-json\/wp\/v2\/media?parent=14357"}],"wp:term":[{"taxonomy":"index_category","embeddable":true,"href":"https:\/\/strategyopt.com\/ar\/wp-json\/wp\/v2\/index_category?post=14357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}