The Netherlands Europe’s Most Competitive Economy
The Netherlands has the most competitive economy in Europe for the first time. Worldwide, only Singapore, the United States and Hong Kong are ahead of the Netherlands, according to the 2019 ranking of the Global Competitiveness Index prepared by the World Economic Forum (WEF).
The WEF ranks the Netherlands highest in the world for macroeconomic stability and the report also sees the country performing particularly well in infrastructure and business dynamism.
The Netherlands has been consistently in the top ten of the most competitive economies in the world since 2005. In 2016 and 2017, the Netherlands occupied fourth place globally and was the most competitive economy in the European Union. This year the Netherlands has passed both Germany and Switzerland and is back in fourth place globally. The entire list consists of 141 countries.