You are here: Home > News & Events > 2016

Ireland Improves 1 Place in International Competitiveness Rankings

Date: 28 September 2016 

The NCC has just published its latest Competitiveness Bulletin. This Bulletin examines Ireland's performance in the WEF's Global Competitiveness Report 2016-2017. Ireland is ranked 23rd out of 138 countries - an improvement of 1 place from last year, and is the 11th most competitive economy amongst the EU28.

Ireland performs well across a number of dimensions of competitiveness including: goods market efficiency (ranked 5th), labour market efficiency (12th), technological readiness (12th), and higher education and training (13th). Weaknesses, however, are evident in relation to infrastructure (29th), the macroeconomic environment (43rd), and financial market development (67th).

The full Bulletin is available here.