Armenia is 98th in WEF Global Competitiveness Report

Switzerland tops the overall ranking in The Global Competitiveness Report 2010-2011 released by the World Economic Forum. The United States falls two places to fourth position, overtaken by Sweden (2nd) and Singapore (3rd). The Nordic countries continue to be well positioned in the ranking, with Sweden, Finland (7th) and Denmark (9th) among the top 10, and with Norway at 14th.  Sweden overtakes the US and Singapore this year to be placed 2nd overall. The United Kingdom, after falling in the rankings over recent years, moves back up by one place to 12th position.

Russia ranks 63rd, Azerbaijan 57th, Kazakhstan 72nd, Ukraine 89th, Moldova 94th, Tajikistan 116th, Kyrgyzstan 121st. Georgia ranks 90th.