Bangladesh moves 2 notches up in Global Competitiveness Index

Bangladesh moved two notches up in the Global Competitiveness Index, indicating progress in the country’s economic efficiency and sophistication.

The country ranked 107 this year, from last year’s position 109, among 140 countries in the world, the report of World Economic Forum said.

Centre for Policy Dialogue (CPD) disclosed this year’s ranking on behalf of the Geneva-based body in a press conference at Dhaka’s Brac Inn today.

Bangladesh’s progress is primarily because of better performance in macroeconomic environment, health, education and infrastructure, said KG Moazzem, additional research director at CPD.

The country scored 3.8 on a scale of 1 to 7, he said. Last year the score was 3.7.