Bangladesh slipped two notches from the previous year’s ranking in the Global Competitiveness Report, as competitiveness weakened in most of the indicators.
The country ranked 105 out of the 141 countries in terms of doing business in the world. In 2018, Bangladesh ranked 103 out of 140 countries in terms of doing business in the world.
Top 10 most competitive economies:
Local think tank the Centre for Policy Dialogue (CPD) released the report on behalf of the World Economic Forum at Economic Reporter' Forum (ERF) auditorium in Dhaka on Wednesday (Oct 9).
Most competitive economies (South Asia):
However, Bangladesh’s overall score has remained the same at 52.1 in 2019 in doing business.
Meanwhile, Singapore overtook the US and became the most competitive nation in the world.