Egypt ranks no 94 in 2018 GCI

CAIRO - 17 October 2018: Egypt ranked no 94 in the 2018 Global Competitiveness Index (GCI) among 140 world countries as Egypt hit 63.4 points at a 0.4 point up in comparison with the previous years.

As for market size, Egypt occupied the 24th position among 140 states in the GCI report.

The GCI report tackles 12 main pillars, including financial system, institutions, labor market and business dynamism.

Egypt ranked no 102 with regard to the GCI institutions pillar at 48.1 points, no 100 for ICT adoption at 40.6 points, no 99 for skills at 52.8 points, no 130 for labor market at 46.4 points and no 56 for infrastructure at 70 points.