Competitiveness country ranking Pakistan among worst

Pakistan is world’s 15th least competitive country, according to the Global Competitiveness Report (GCR), released by World Economic Forum (WEF), Switzerland, today.

In South Asia, it’s far below than Bhutan and Nepal.

Here’s everything you wanted to know about Pakistan’s performance in Global Competitiveness Report – in 10 photos and on one page.

VIDEO: See Wali Zahid explaining GCR and Pakistan future on a Business Plus show with Junaid Gul.

What is common between Pakistan – the world’s 15th most powerful military power and the 43rd largest economy by GDP – and some of Africa’s poorest nations like: Guinea, Chad, Sierra Leone, Burundi, Malawi, Mozambique, Madagascar, Liberia, Swaziland and Mali? (Not to mention Myanmar in South East Asia and Haiti in South America.)

They all share the rock-bottom ranking in 2015-16 GCR. See image above.

Competitiveness country ranking Pakistan

In overall ranking, Pakistan stands at 126 out of 140 countries and in some parameters like business costs of terrorism, it’s even worst: 139 out of 140.

Switzerland tops the Global Competitiveness Index (GCI) ranking and at end of list is Guinea, at 140.

We improved three places from last year’s report. Although the total number of countries listed this year has also been reduced from 144 to 140.

Below is the GCI ranking of all 140 countries:

Competitiveness country ranking 2016

In South Asia (Saarc), Pakistan is the lowest. Other Saarc countries ranking:

India leads the way at 55th, followed by Sri Lanka (68th), Nepal (100th), Bhutan (105th), and Bangladesh (107th).

Below is Pakistan score in each of the 12 pillars and parameters.

Business costs of terrorism and tariffs/duties make the rock-bottom at 139 and 137 out of 140.

Competitiveness country ranking Pakistan scores

If this government is really interested in improving things, they do not need to go beyond this document – no need to invite macro and micro consultants on exorbitant fees – just hand over the GCI Report to relevant ministries and make them get things right to a deadline. Then start an accountability.

This is THIS easy!

Below is a list of most problematic factors for doing business in Pakistan. Corruption and tax rates (is Minister Ishaq Dar listening?) top the list.

Competitiveness problem factors Pakistan

Below is a summary snapshot of Pakistan performance in GCI 2015-16 – in a chart and an infographic listing. Our best is market size and worst is infrastructure.

Pakistan 12 Competitiveness pillars

As things improve, we hope that 2016-17 GCR puts Pakistan in much better light.

Pakistan 12 pillars Competitiveness ranking

Pakistan is listed among Stage 1 (Factor-Driven) economies.

There’s a long way to reach Stage 3 (Innovation-Driven) economies, which we need to reach anyway in the next 35 years to become the world’s top 18th economy by 2050 (Goldman Sachs forecast).

List of countries at each stage of development below:

Competitiveness countries at each stage

According to GCI, no member of the South Asian Association for Regional Cooperation (SAARC) features in the top 50.

Here is a bit about Global Competitiveness Index framework – in a chart and an infographic, courtesy WEF.

GCI Index and three subindex:

Global Competitiveness Index 2016

The 12 pillars of GCI:

What makes an economy competitive

Report/Rankings/maps: WEF. Download the GCI 2015-16 Report here and summary/infographics here.

See also, some other indices:

Pakistan 15th most powerful military in the world

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

Pakistan at rock bottom in Human Capital Index 2015

Pakistan ranks 5th in terrorism-affected countries list

Pakistan 10th most fragile country

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

Pakistan, Afghanistan only two remaining polio endemic countries

Pakistan #106 in Good Country Index

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

Pakistan 65th most vulnerable country to face climate change

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

Pakistan: The brighter side:

Forbes calls Pakistan the next Colombia success story, asks US to see beyond security lens

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

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

Is trade with post-sanctions Iran another Godsend after China?

Bloomberg on Pakistan’s economic revival, construction boom

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

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 world’s least expensive country: WB

Do not miss our Understanding Pakistan Series

Wali on Pakistan of future

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

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


    It is obvious but sad.It is an indication of our poor planning and incompetency to match the world standards.

  • Ahsan

    Isn’t worst the “infrastructure”?

    Mainly because of electricity supply and mobile phone subscriptions.

    I am actually surprised to see the latter as we were told that we have a good mobile phone penetration rate.