WEF Global Competitiveness Index 2010-2011

The World Economic Forum rankings for Central America are: Panama 53, followed by Costa Rica 56, Guatemala 78, El Salvador 82, Honduras 91 and Nicaragua 112.

Thursday, September 9, 2010

Chile (30), Puerto Rico (41) and Barbados (43) are the only three economies from Latin American and the Caribbean with rankings in the top 50. The region's next most competitive economies according to the Global Competitiveness Report 2010-2011 released by the World Economic Forum (WEF) are Panama (53), Costa Rica (56) and Brazil (58).

Within Central America, Panama, Guatemala and Nicaragua improved their rankings relative to 2009-2010 while Costa Rica, El Salvador and Honduras all slipped down.

See: Full Ranking
See: The Global Competitiveness Report 2010-2011 (full)
See country report: Panamá
See country report: Costa Rica
See country report: Guatemala
See country report: El Salvador
See country report: Honduras
See country report: Nicaragua

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Nicaragua's Competitiveness According to World Economic Forum

September 2010

The WEF 2010-2011 report indicates that Nicaragua has become more competitive in the last 12 months.

The Global Competitiveness Report 2010-2011 released by the World Economic Forum (WEF) gives Nicaragua a ranking of 112 this year compared to 115 in 2009-2010.

The most problematic factors for doing business in Nicaragua are said to be policy instability, corruption, inefficient government bureaucracy and inadequately qualified workforce.

Honduras' Competitiveness According to World Economic Forum

September 2010

The WEF 2010-2011 report indicates that Honduras has become slightly less competitive in the last 12 months.

The Global Competitiveness Report 2010-2011 released by the World Economic Forum (WEF) gives Honduras a ranking of 91 this year compared to 89 in 2009-2010.

Corruption, lack of access to finance, crime and theft, inefficient government bureaucracy and policy instability were mentioned as being the most problematic factors for doing business in Honduras.

Costa Rica's Competitiveness According to World Economic Forum

September 2010

The Global Competitiveness Report 2010-2011 released by the World Economic Forum (WEF) ranks countries according to their Institutions, Infrastructure, Macroeconomic environment, Health and primary education.

With respect to the 2009-2010 WEF report, Costa Rica's ranking falls one place from 55 to 56 out of a total of 139.

Panama's Competitiveness According to World Economic Forum

September 2010

The Global Competitiveness Report 2010-2011 released by the World Economic Forum (WEF) ranks Panama 53 out of a total of 139 countries.

Panama's WEF ranking has risen six places relative to 2009-2010 when it ranked 59.

Factors or pillars considered problematic to doing business in Panama are inefficient government bureaucracy, corruption, restrictive labor regulations and inadequately educated workforce.

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