Egypt advances 20 places in Global Competitiveness Indicators

CAIRO - 29 January 2020: Egypt witnessed a remarkable progress in the Global Competitiveness Indicators in different fields, as the state ranked 82nd among 141 countries, advancing 20 places.

This ranking is based on the state’s achievements in economic and administrative fields.

Global Competitiveness Indicators is one of the international statistics that shows the progress of the countries and their ability to compete economically.

Egypt ranked 124th in 2018 and advanced 35 places to rank 89 in 2019 in the index of intellectual property rights protection. Also, Egypt ranked 45th globally in 2018 and succeeded in advancing to the 28th position in 2019 in the Shareholders' Equity Index.

Egypt ranked 99th in 2018 and ranked 91st in 2019 in the Corruption Cases Index.Egypt came 23rd in 2019 in the Government's Response to Change.

In the Budget Transparency Index,Egypt ranked 63rd in 2019.

In the strength of the auditing and accounting standards index, Egypt ranked 50th globally in 2019. While in the Energy Regulation Efficiency Index, Egypt ranked 32nd globally in 2019.

Egypt ranked 64th in 2019 in the government guarantee index for policy stability.