IMD World Competitiveness Booklet 2020

An important component of the competitiveness study is to align the criteria we employ with the important challenges and concerns of the world economy. Thus, every year we make small adjustments in our measurements to match these current circumstances. This year, new criteria were added to reflect the importance of achieving the UN Sustainable Development Goals. 2020 Criteria Changes

New ranked criteria

2.3.15. Sustainable Development Goals 2.3.16. Democracy Index 2.5.15. Freedom of the press 3.4.13. Fear of failure rate

3.4.14. Total early-stage Entrepreneurial Activity 4.5.13. Students who are not low achievers - PISA

From background to ranked

1.1.13. Economic complexity index 1.4.04. Employment - long-term growth 1.4.10. Youth exclusion 2.4.12. New business density 2.5.09. Income share held by lowest 60% - growth 2.5.12. Unemployment rate - gender ratio 3.2.14. Labor force long-term growth 3.3.04. Access to financial services 3.3.05. Access to financial services - gender ratio 3.4.11. Women in management 4.4.05. Universal health care coverage index 4.4.19. Forest area growth 4.4.24. Environmental agreements 4.5.04. Total public exp. on education per student 4.5.18. University education index

From ranked to background

2.1.05. Total general government debt-real growth

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IMD WORLD COMPETITIVENESS BOOKLET 2020