Where does the UK lie in the World Economic Forum's top 10 most competitive countries?

Switzerland topped the World Economic Forum’s annual survey of competitiveness.

09:51 04 September 2014

For the sixth year running, Switzerland has been crowned number one in the World Economic Forum’s annual survey of competitiveness. It’s followed by Singapore, United States, Finland, and Germany.

The report said: "The leading economies in the index all possess a track record in developing, accessing and utilising available talent, as well as in making investments that boost innovation.’

"These smart and targeted investments have been possible thanks to a coordinated approach based on strong collaboration between the public and private sectors."

The highest climber this year is Japan, which moved from number nine to number six.

Switzerland, on the other hand, was marked down for being unable to find enough qualified workers.

"A potential threat to Switzerland's competitive edge might be the increasing difficulties faced by businesses and research institutions in finding the talent they need to preserve their outstanding capacity to innovate," the report said.


The World Economic Forum's top 10 most competitive countries:

1.    Switzerland
2.    Singapore
3.    United States
4.    Finland
5.    Germany
6.    Japan
7.    Hong Kong
8.    Netherlands
9.    United Kingdom
10.    Sweden