Cyprus 34th in Global Competitiveness Report
Nicosia, Sep 9 – Cyprus is the 34th most competitive economy in the world, according to the World Economic Forum's Global Competitiveness report for 2009-2010.
The report places Cyprus in the 34th position with 4.57 points in an index of 133 countries. The competitiveness of the Cypriot economy advanced six positions compared to the 2008-2009 report.
Switzerland tops the overall ranking, while the United States fell one place to second position. Singapore, Sweden and Denmark complete out the top five.