Only six African countries made this year's IMD World Competitiveness Ranking. Here's how they compare with one another and the world.
Africa is home to some of the world's fastest-growing economies, youngest populations and most dynamic entrepreneurs. Yet when it comes to global competitiveness, the ability to attract investment, foster innovation and create an environment where businesses can succeed, the continent still faces significant hurdles.
From infrastructure deficits and policy uncertainty to rising debt and inflation, African countries continue to navigate a complex economic landscape as they pursue reforms to strengthen their competitiveness.
The latest IMD World Competitiveness Ranking offers insight into how these efforts are paying off. Produced by the IMD World Competitiveness Centre, the annual report has measured the competitiveness of economies for 38 years, evaluating 70 countries using a combination of hard economic data and surveys of senior business executives.
The ranking assesses economies across four key pillars: economic performance, government efficiency, business efficiency and infrastructure.
