Czech Republic's spot in Global Competitiveness report remains unchanged

The Czech Republic neither improved nor worsened in the Global Competitiveness Report 2016-2017, remaining 31st out of 140 countries ranked. In the report released by the World Economic Forum, Switzerland came first for the eighth time in a row. The study, which uses 70 per cent survey data and 30 per cent hard data, takes into consideration 12 pillars of competitiveness to determine the country’s ranking. Areas studied include health care, infrastructure, education and the labour market.