Slovakia dropped in competitiveness

The first position of 2020 belongs to Singapore.

Illustrative stock photoIllustrative stock photo (Source: Photo by Austin Distel on Unsplash)
Everything you need to know about the Slovak business environment. For more details visit shop.spectator.sk.Everything you need to know about the Slovak business environment. For more details visit shop.spectator.sk.

Slovakia has fallen in the competitiveness ranking. It placed 57th in the recent IMD World Competitiveness Yearbook 2020, down four positions compared with last year.

From a total of 63 monitored countries, Croatia is the only European country that scored worse than Slovakia.

The index, published by the International Institute for Management Development with cooperation with the F. A. Hayek Foundation Bratislava and other organisations from all over the world, expressed the quality of the business environment, while the quality environment is one that helps business the most to become successful home and abroad.

Slovakia stood among highly competitive countries in the years 2007 – 2009 (ranked 30th), as the authors of the report pointed out.

Quality of business environment

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on Spectator.sk
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on Sme.sk and Korzar.sk

Get daily Slovak news directly to your inbox

Top stories

Here's what the across-the-board coronavirus testing should look like

The Defence Ministry introduced the basic steps of the planned testing.

Bratislava is testing special trolleybus

Public transport should become greener in the capital.

Bratislava borroved the hybrid trolleybus from the Czech city of České Budějovice for a week.

Teachers trust conspiracy media, they think the government is not handling the pandemic well

One-third of teachers think the coronavirus vaccination is a preparation for implanting chips, recent poll shows.

The school in Trenčianske Stankovce.

Ombudswoman, summer festival and a scientist. The awards for sustainable development have been granted

The Pontis Foundation awarded organisations, institutions and individuals for the second time.