A quick review of Egypt Rankings; according to the recently published Global Competitiveness Report. The report highlights current rankings, rankings evolution through recent years and concludes with strengths and weaknesses of Egypt competitiveness according to rankings of each sub-indicator.
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Egypt in Global Competitiveness Report 2014 2015
1. Egypt
In The
Global Competitiveness Report 2014/2015
Quick Review – 11 / September / 2014
By: Ossama El-Badawy
1
2. Source: Global Competitiveness Report, August 2014
Global Competitiveness Index
Egypt rankings evolution through the last five years
118 out of 148 Countries
119 out of 144 Countries
107 out of 144 Countries
94 out of 142 Countries
81 out of 139 Countries
2
3. Source: Global Competitiveness Report, August 2014
Global Competitiveness Index
Selected comparisons - rankings out of 144 countries
3
4. Pillars of Competitiveness
Egypt rankings out of 144 countries
Source: Global Competitiveness Report, August 2014
Best Performance
Worst Performance
0
20
40
60
80
100
120
140
160
Institutions (100)
Infrastructure (100)
Macroeconomic environment
(141)
Health and primary education
(97)
Higher education and training
(111)
Goods market efficiency (112)
Labor market efficiency (140)
Financial market development
(125)
Technological readiness (95)
Market size (29)
Business sophistication (95)
Innovation (124)
4
5. Source: Global Competitiveness Report, August 2014
5
Pillars of Competitiveness
Evolution of Egypt rankings through the last two years
0
20
40
60
80
100
120
140
160
Institutions
Infrastructure
Macroeconomic environment
Health and primary education
Higher education and training
Goods market efficiency
Labor market efficiency
Financial market development
Technological readiness
Market size
Business sophistication
Innovation
2014 /2015 (rankings out of 144 countries)
2013 /2014 (rankings out of 148 countries)
6. Selected Comparisons Versus Sub-indices Global rankings out of 144 countries
Source: Global Competitiveness Report, August 2014
Index of:
Egypt
Global Best Performer
Middle East and North Africa Region
Best Performer (Rank)
Worst Performer (Rank)
Overall Competitiveness
119
Switzerland
UAE (12)
Yemen (142)
Basic Requirements
121
Singapore
UAE (2)
Yemen (142)
Institutions
100
New Zealand
Qatar (4)
Libya (142)
Infrastructure
100
Hong Kong
UAE (3)
Yemen (142)
Macroeconomic environment
107
Norway
Qatar (2)
Lebanon (143)
Health and primary education
94
Finland
Qatar (28)
Mauritania (137)
Efficiency enhancers
106
United States
UAE (14)
Mauritania (143)
Higher education and training
111
Finland
UAE (6)
Mauritania (141)
Goods market efficiency
118
Singapore
UAE (3)
Libya (139)
Labor market efficiency
140
Switzerland
UAE (6)
Mauritania (141)
Financial market development
125
Hong Kong
Qatar (13)
Libya(144)
Technological readiness
95
Luxembourg
Israel (15)
Yemen (136)
Market size
29
United States
KSA (20)
Mauritania (131)
Innovation and sophistication factors
113
Switzerland
Israel (10)
Libya (143)
Business sophistication
95
Japan
Qatar (13)
Mauritania(144)
Innovation
124
Finland
Israel (3)
Libya (144)
6
7. Egypt Rankings on Sub-indicators
Source: Global Competitiveness Report, August 2014
Pillar
Strengths *
Data Description
Value
Rank /144
Health & primary education
HIV prevalence
% of adult population, 2013
0.1%
1
Health and primary education
Business impact of HIV/AIDS
Index 1 – 7, the more is better, survey based, 2014
6.90
1
Health and primary education
Business impact of tuberculosis
Index 1 – 7, the more is better, survey based, 2014
6.69
16
Market size
Domestic market size
Index 1-7, the more is better, 2014
4.74
27
Market size
Gross Domestic Product (GDP)
Based on purchasing-power-parity (PPP), billion $, 2013
535.58
27
Infrastructure
Available airline seats
Total passenger-carrying capacity of all in km per week, millions, 2014
654.01
34
Business sophistication
Willingness to delegate authority
Index 1 – 7, the more is better, survey based, 2014
4.17
35
Institutions
Neutralism in decisions of government officials
Index 1 – 7, the more is better, survey based, 2014
3.74
36
Business sophistication
Degree of customer orientation
Index 1 – 7, the more is better, survey based, 2014
5.10
36
Business sophistication
State of cluster development
Index 1 – 7, the more is better, survey based, 2014
4.27
38
* Top 10 Ranked Indicators
7
8. Source: Global Competitiveness Report, August 2014
8
Egypt Rankings on Sub-indicators Weaknesses
Pillar
Weaknesses *
Data Description
Value
Rank /144
Higher education and training
Quality of business /management schools
Index 1 – 7, the more is better, survey based, 2014
2.02
144
Institutions
Business costs of terrorism
Index 1 – 7, the more is better, survey based, 2014
2.41
143
Higher education and training
Extent of staff training
Index 1 – 7, the more is better, survey based, 2014
2.75
142
Macroeconomic environment
Government budget balance
% of GDP (Gross Domestic Product), 2013
-14.08
142
Health and primary education
Quality of primary education
Index 1 – 7, the more is better, survey based, 2014
2.1
141
Higher education and training
Quality of the educational system
Index 1 – 7, the more is better, survey based, 2014
2.2
141
Labor market efficiency
Women in labor force
% of total labor force, 2012
32%
139
Institutions
Business costs of crime and violence
Index 1 – 7, the more is better, survey based, 2014
2.48
137
Higher education and training
Quality of math and science education
Index 1 – 7, the more is better, survey based, 2014
2.4
136
Institutions
Efficacy of corporate boards
Index 1 – 7, the more is better, survey based, 2014
3.6
136
* Least 10 Ranked Indicators