Global Competitiveness Index

A project of the World Economic Forum (WEF), The Global Competitiveness Index (GCI) analyzes the economic foundations of nearly all countries to evaluate each country’s competitiveness for achieving sustained economic productivity, growth and prosperity (Schwab 2011).

The GCI is a composite index calculated by averaging scores for data within 12 ‘pillars’ of economic competitiveness:

•      Institutions (public)

•      Infrastructure

•      Macroeconomic development

•      Health & primary education

•      Higher education & training

•      Goods & market efficiency

•      Labor market efficiency

•      Financial market development

•      Technological readiness

•      Market size

•      Business sophistication

•      Innovation

Which Goals Does This Affect?


How Was It Measured?

The Ocean Health Index (OHI) used GCI scores from The Global Competitiveness Report 2011-2012, which includes data from 142 countries. The scores, which can range from 1 to 7, were rescaled to a 0 to 1 scale for consistency with all other measures used in the Index.

References




PHOTO(S): © Keith A. Ellenbogen
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