Costa Rica Global Competitiveness Rankings
The World Economic Forum released its 2012-2013 Global Competitiveness Report. The World Economic Forum describes itself as an independent international organization which is committed to improving the condition of the world. Its members “represent the 1,000 leading companies and 200 smaller businesses – many from the developing world – that play a potent role in their industry or region.”
In this article I will review some of the findings of the 2012-2013 Global Competitiveness Report as it relates to Costa Rica. In general terms Costa Rica fairs well in the areas of Health, Education and Innovation and use of Technology. In overall Education Costa Rica ranked 21 out of 144 Countries worldwide. Costa Rica has always had a strong emphasis and commitment to public education and the rankings clearly show it. The educational rankings are set forth below.
For those of us that live in Costa Rica the findings as it relates to infrastructure comes as no surprise. Costa Rica ranks at the bottom of the list 95/144 for overall infrastructure next to countries such as Montenegro, Cape Verde, Dominican Republic and Honduras. Government after government has failed to address and invest in road and port infrastructure for years and the result is quite evident in Costa Rica.
When it comes to the quality of the roads in Costa Rica we rank 131/144 right along countries like Madagascar and the Kyrgyz Republic.
Despite the deficiencies indicated above Costa Rica was able to move up from 61 to 57 out of 144 in the 2012-2013 rankings. That move was in part due to the high quality of education (21) which in turn makes Costa Rica one of the best countries in the region for innovation potential. This factor contributed to a ranking of 39/144 for the countries capacity to innovate and use technology.
You can view the complete report at the Global Competitiveness report website which is http://reports.weforum.org/global-competitiveness-report-2012-2013/