The Global Competitiveness Report 2008-2009
In Central America, Panama is first at 58, Costa Rica 59, El Salvador 79, Honduras 82, Guatemala 84 y Nicaragua 120.
Thursday, October 9, 2008
The rankings are calculated from both publicly available data and the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum together with its network of Partner Institutes (leading research institutes and business organizations) in the countries covered by the report.
Corruption, insecurity and political instability are the main factors preventing the country from making progress.
Panama leads in Central America (49th in the global list), followed by Costa Rica (61), Guatemala (84), Honduras (86), El Salvador (91), and Nicaragua (115).
The Global Competitiveness Report 2010-2011 released by the World Economic Forum (WEF) ranks Panama 53 out of a total of 139 countries.
Central America: Costa Rica first (55 in the world), followed by Panamá (59), El Salvador (77), Guatemala (80), Honduras (89), Nicaragua (115).
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