{{Rwanda has mantained its global position at 63rd among 144 economies surveyed for competitiveness. Rwanda was ranked at the same position in 2012.}}
The survey conducted by the World Economic Forum Global Competitiveness Index and released this week also says Rwanda is the third most competitive economy in sub-Saharan Africa.
Reacting to the rankings, the acting chief executive officer of the Rwanda Development Board, Clare Akamanzi said, “The government is committed to increasing innovations and improving the skills of our people to enhance the country’s competitiveness globally.”
Akamanzi noted that Rwanda was getting ready to leap out of the set of 38 development-factor-driven economies into the efficiency-driven economies in the world.
According to the report Rwanda came close to South Africa, which was ranked 52nd, topped sub-Saharan countries followed by Mauritius (54th).
Compared to performance of East African member states; Kenya, Tanzania, Uganda and Burundi were ranked 106th, 120th, 123rd and 144th, respectively.
Switzerland topped the list followed by Singapore and Finland as the most competitive countries in the world.
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