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Qatar Moves to 11th in 2024 World Competitiveness Index

The country shines with a 4th place in economic performance, 7th in government efficiency, 11th in business efficiency, and 33rd in infrastructure.

  • Publish date: Thursday، 20 June 2024
Qatar Moves to 11th in 2024 World Competitiveness Index

Qatar has climbed to 11th place in the 2024 World Competitiveness Booklet by the IMD, up from 12th last year. The country shines with a 4th place in economic performance, 7th in government efficiency, 11th in business efficiency, and 33rd in infrastructure.

Key achievements include top global rankings in unemployment rate, youth unemployment, and trade terms. Qatar also leads in tax efficiency and public finance, showcasing a robust economic environment. Business efficiency highlights include world-leading corporate board effectiveness and a high migrant stock, with second place in working hours. Additionally, Qatar excels in energy infrastructure and internet user metrics, solidifying its competitive edge on the global stage.

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