Pakistan ranking n Global Competitiveness Report

What is common between Pakistan – the world’s 15th most powerful military power and the 43rd largest economy by GDP – and some of the Africa’s poorest nations like: Guinea, Chad, Angola, Burundi, Sierra Leone, Burkina Faso, Mozambique, Malawi and Madagascar?

They all share the rock-bottom ranking in 2014-15 Global Competitiveness Report, released by World Economic Forum, Switzerland. See image above.

In overall ranking, Pakistan stands at 129 out of 144 countries and in some parameters like security, it’s even worst: 142 out of 144.

As things improve, we hope that 2015-16 GCR puts Pakistan in much better light.

Below is the edited story from Express Tribune and download link for GCR report.

Pakistan remains the third least safe place on the planet due to fragile security situation, the World Economic Forum said in its latest Global Competitiveness Report.

Based on security parameters, the Global Competitiveness Report (GCR) report 2014-15 has placed Pakistan at 142 among 144 surveyed nations.

“The security situation remains alarming and Pakistan is the third least safe of all countries covered, behind only Yemen and Libya.”

Afghanistan is not covered in the report.

Plagued by violent terrorism, per business cost of terrorism Pakistan stood at 139 while on the indicator of business cost of crime and violence it was placed at 132.

According to the report, after two consecutive years of steep decline, Pakistan has remained essentially stable since last year and stood at 129 among 144 nations.

However, the country was ranked low in the most critical and basic areas of competitiveness. Its public institutions are constrained by red tape, corruption, patronage, and lack of property rights protection, according to the report.

Competitiveness Regional Rankings

Even among the South Asian nations, Pakistan is ranked at the bottom. India was at 71, Sri Lanka 73, Nepal 102, Bhutan 103 and Bangladesh at 109, according to the report.

Inadequate supply of infrastructure, corruption and inefficient government bureaucracy have contributed significantly to problems of doing business in Pakistan.

The report further mentioned the policy instability, access to financing and government instability due to fear of coups as other important factors hurting the business environment in the country.

In terms of quality of electricity supply, Pakistan was clubbed among bottom eleven countries and stood at 133.

Corruption was a matter of serious concern and Pakistan was placed at 123. Similarly, favourtism in decision making by government officials was glaring and the country was ranked at 101.

Owing to a lower inflation rate and a smaller budget deficit compared to the previous year, the country’s macroeconomic situation improved slightly but nevertheless remained dismal at 137.

Pakistan’s infrastructure did not improve much and the country stood at 119 among the 144 nations surveyed.

Moreover, the country’s performance in terms of health and education is among the worst of all the countries covered. On the indicator of infant mortality Islamabad was placed at 137 and the ratio was the highest outside sub-Saharan Africa.

Competitiveness rankings

Also see some other indices:

Pakistan world’s 43rd largest economy by GDP: World Bank

91% Pakistanis have access to drinking water: Unicef/WHO

Pakistan 65th most vulnerable country to face climate change

High temp, low air pressure, high humidity, absent wind behind heatwave deaths

From 3rd worst to 5th: Pakistan ranking in terror deaths improves

Pakistan is world’s 9th least peaceful country: 2014 GPI

Pakistan 10th most fragile country

Pakistan #106 in Good Country Index

Pakistan also has one of the lowest enrollment rates in the world and ranked at 132. The GCR stated that the estimates suggested that almost a quarter of children do not go to primary school.

Pakistan’s competitiveness was further penalised by the many rigidities and inefficiencies of its labour market where it stood at 132, though six notches up from previous rating. Female participation in the labor force is the world’s fifth lowest, at 140.

On the index of technological readiness, the potential of information and communication technology is not sufficiently leveraged, and access to ICTs remained low at 114. This reflected in the fact that while its IT exports remain at $327 million on the books, officials admit that informally, exports are as high as $1.5 billion.

Pakistan’s positives were that the country performed comparatively better in the more advanced areas such as financial development where it stood at 72 and 81 on the business sophistication pillar.

The country has been placed among 37 economies whose development is factor-driven, which is the lowest stage among the three stages, spanning from factor-driven to efficiency driven and innovation driven.

By Shahbaz Rana, Express Tribune.

Rankings/maps: WEF. Download the Report and infographics here.

See also: Everything else we reported on Pakistan and its future (links below)


A miracle: Pakistan score in Long Term Orientation goes from Zero to 50

China-Pakistan Economic Corridor enters stage of implementation: Xi Jinping

$46B China-Pakistan Economic Corridor: 15 years, 4 phases, 3 routes, 51 projects

Bloomberg on Pakistan’s economic revival, construction boom

Next year, Pakistan may upgrade to emerging-market status: WSJ

You can now import planes & spares tax-free

Naya Pakistan: Travel from Pindi to Islamabad in 20¢ in wifi-ed AC bus

Rs 165B Orange Line Metro Train approved for Lahore

Green Line train from Islamabad to Karachi with free wifi

Rs15B Green Line metro bus project for Karachi announced

No ordinary day as international cricket returns to Pakistan

Pakistan is the world’s fastest-growing Muslim economy: The Economist

Pakistan is enjoying a rare period of optimism: The Economist

Good! Pakistan no more among the most corrupt in the world

Pakistan 15th most powerful military in the world

Good news: Terrorist attacks decreased in Pakistan in 2014

Pakistan world’s least expensive country: WB


As S Asia ups economic game, Pakistan risks falling behind: WSJ. The question is why?

Pakistani passport ranks at 71, with 46 visa-free countries

Pakistan at rock bottom in Human Capital Index 2015

Number of nuclear warheads down worldwide, up in S Asia

Pakistan ranks poorly on Global Innovation Index 2014

In Pakistan, electricity shortages & crime are two biggest problems

Which country has the worst air pollution? | Hint: Pakistan

Sorry state of medical practice in Pakistan

Do not miss our Understanding Pakistan Series

Wali on Pakistan of future

Pakistani culture through 6-D Model

Native languages in Pakistan

How future oriented are we?

How we messed up Pakistan: A series by Wali

Pakistan’s two value crimes no one talks about