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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi Arabia Advances 8 Positions in Global Competitiveness Index

Saudi Arabia Kingdom Economy G20 Argentina Brazil France India Indonesia Italy
Saudi Arabia continues to improve legislation and regulations, which is reflected in its performance in international indicators (AFP)

The Kingdom of Saudi Arabia is continuing its upward ascent in the global competitiveness rankings in the World Competitiveness Yearbook 2022, published by Switzerland-based International Institute for Management Development (IMD).

According to the Yearbook, Saudi Arabia is ranked as the 24th most competitive economy among the 63 countries covered by the benchmark, up eight positions from a year earlier.

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