Subscribe in a reader | Subscribe by Email The compilation of top 55 nations are available on IMD’s website at here (Scoreboard) and here (Overall Ranking Table) (both in PDF format).
Compared to 2006, Malaysia dropped a rung in overall rankings (22nd to 23rd) while it dropped two rungs (10th to 12th place) in terms of economic performance.
The rankings are decided based on four main factors – economic performance, government efficiency, business efficiency, and infrastructure. Each of these factors have 5 sub-factors.
Now, according to PM, three of the indicators increased – government efficiency, business efficiency, and infrastructure. Since our overall position dropped a place, that means these increases were not enough, or the fourth factor – economic performance had a significant drop.
The statistics qouted by PM were from a list of those countries with a population above 20 million, while the overall rankings are from a list of top 55 countries.
The good thing is that Malaysia is in the top 5 Asian countries (HK counted as one) and second behind Singapore in Asean.
The rankings as as below
(1-10)
USA, Singapore, Hong Kong, Luxembourg, Denmark, Switzerland, Iceland, Netherlands, Sweden, Canada
(11-20)
Austria, Australia, Norway, Ireland, China Mainland, Germany, Finland, Taiwan, New Zealand, UK
(21-30)
Israel, Estonia, Malaysia, Japan, Belgium, Chile, India, France, Korea, Spain
(31-40)
Lithuania, Czech Rep., Thailand, Slovak Rep., Hungary, Greece, Jordan, Colombia, Portugal, Slovenia
(41-50)
Bulgaria, Italy, Russia, Romania, Philippines, Ukraine, Mexico, Turkey, Brazil, South Africa
(51-55)
Argentina, Poland, Croatia, Indonesia, Venezuela
PM: Improved economic performance and government efficiency
By V.P.SUJATA
PUTRAJAYA: Malaysia improved its rankings in government efficiency and world competitiveness last year compared with eight years ago, Datuk Seri Abdullah Ahmad Badawi said. The Prime Minister, quoting statistics obtained by the World Competitiveness Yearbook released by the Swiss-based IMD (one of the world’s leading business schools), said Malaysia’s economic performance last year was sixth in the world. The ratings, of countries with a population of more than 20 million, also put Malaysia as the world’s 19th leading trading nation.
In terms of government efficiency, Abdullah said Malaysia was ranked sixth last year, up from eighth in 2000. “We ranked better than Britain, Germany, Thailand, Spain, Japan, Russia and France. Not bad, huh?” he noted, adding, however, that China, Canada, the United States, India and Taiwan fared better than Malaysia.
Malaysia’s business efficiency was “especially good”, he said, with the ranking climbing to fourth from 13th last year. The country’s infrastructure ranked 10th in the world compared to 13th in 2000, he told 8,000 civil servants at the 8th Civil Servants’ Premier Gathering at the Putrajaya International Convention Centre yesterday.
Abdullah said Malaysia’s world competitiveness ranking improved to the eighth position last year from 10th in 2000. He said the seven countries which did better were the United States, Canada, Australia, China, Germany, Taiwan and Britain.
