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Today's Headlines Global Competitiveness Index

  • Indonesia Improves in WEF's Global Competitiveness Report 2017-2018

    Indonesia Improves in WEF's Global Competitiveness Report 2017-2018

    Indonesia's ranking improved in the World Economic Forum (WEF)'s Global Competitiveness Report 2017-2018. In the latest edition, released earlier today (27/09), Indonesia ranks 36th, up from 41st in last year's edition. In the 2017-2018 edition, a total of 140 countries are analyzed (using 12 pillars of competitiveness) and ranked by WEF, a Swiss non-profit foundation.

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  • WEF Competitiveness Report 2016-2017: Indonesia falls to 41st

    WEF Competitiveness Report 2016-2017: Indonesia falls to 41st

    Indonesia fell four places in the World Economic Forum (WEF)'s Global Competitiveness Report 2016-2017. In the latest edition, which was released on Wednesday (28/09), Indonesia ranked 41st. The WEF stated that despite the many reforms to the nation's business environment, the performance of Indonesia in the index remains one of contrasts. The WEF's competitiveness report assesses the competitiveness landscape of 138 economies, providing a unique insight into the drivers of these nation's productivity and prosperity.

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  • Indonesia Improves in WEF's Global Competitiveness Index 2014-2015

    Indonesia rose four positions in the World Economic Forum's Global Competitiveness Index 2014-2015. Based on the Global Competitiveness Report 2014-2015, released on Tuesday (29/09), Indonesia comes at 34th place in the ranking (out a total of 144 economies assessed across the globe). This improvement is a positive development although to some it may come as a bit of a surprise given Indonesia's slow progress in infrastructure development, high inflation and slowing economic growth.

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  • Indonesia Jumps 4 Places in Global Competitiveness Index 2014-2015

    Indonesia has jumped four places in the World Economic Forum’s Global Competitiveness Index 2014-2015. In the latest edition Southeast Asia’s largest economy is ranked 34th (from 38th in last year’s edition of the index). Since the 2012-2013 edition, when Indonesia was ranked 50th, the country has risen steadily. The Global Competitiveness Index measures the institutions, policies, as well as factors that set the sustainable current and medium-term levels of economic prosperity among 144 countries around the world.

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Latest Columns Global Competitiveness Index

  • Indonesia Jumps to No. 38 in Global Competitiveness Index 2013-2014

    Indonesia Jumps to No. 38 in Global Competitiveness Index 2013-2014

    In recent weeks, Indonesia has to cope with a large amount of negative publicity as large capital outflows from the country's financial markets occurred, partly due to weak economic results regarding the current account balance, inflation and the the rupiah. Interest rates are rising, thus eroding people's purchasing power and consequently curbing economic growth. However, the Global Competitiveness Index 2013-2014, released by World Economic Forum, contained a positive outcome for Southeast Asia's largest economy.

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  • Low Competitiveness Blocks Development of Indonesia's Manufacturing Sector

    Despite the fact that Indonesia reported the world's third-highest GDP growth in 2012 (behind China's 7.4 percent and Saudi Arabia's 7.1 percent), supported by rising consumption by a burgeoning middle class and significant increased foreign direct investment, the country's performance in terms of competitiveness is disappointing. It is cheaper to import products from countries that contain competitive businesses than to produce them in Indonesia.

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