Managua, Nicaragua; October 5th, 2016
Nicaragua presented important advances made in the country in the Global Competitiveness Index Report 2016 – 2017 recently presented by the World Economic Forum. In this edition, the report studied 138 countries and compared them by analyzing variables such as: institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, among others. The country´s ranking for the period 2016 – 2017 was 103 out of 138 with a score of 3.8, making an improvement of 5 points in the ranking compared with the previous year (108/140).
One of the indicators of which the country obtained and excellent score was “Government instability as one of the most problematic factors for doing business”. In this indicator, the country obtained a score of 0.0, the lowest in Latin America, which indicates a positive perception by the surveyed in towards the government. Furthermore, the indicator of “crime and theft as one of the most problematic factors for doing business” also showed improvements, confirming Nicaragua as the safest country in America.