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Denmark is ranked 4th in the Global Competitiveness Index
As has been the case in recent years, the Nordic countries hold prominent positions in the rankings this year, with Finland (2), Sweden (3), and Denmark (4) all among the top ten most competitive economies. The Nordic countries have been running budget surpluses and have lower levels of public indebtedness on average than the rest of Europe. Prudent fiscal policies have enabled governments to invest heavily in education, infrastructure and the maintenance of a broad array of social services. Finland, Denmark and Iceland have the best institutions in the world (ranked 1, 2 and 3, respectively) and, together with Sweden and Norway, hold top ten ranks for health and primary education. Finland, Denmark and Sweden also occupy the top three positions in the higher education and training pillar, where Finland's top ranking is remarkable for its durability over time.
Please refer to HERE for the top 50 countries in the Global Competitiveness Index. Note that Hong Kong SAR is ranked 11th in the index.
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