Every year since 1978, the World Economic Forum (WEF) has measured the competitiveness of 140 global economies by using statistical indicators and the Executive Opinion Survey. Competitiveness is defined by the WEF as “the set of institutions, policies and factors that determine a country’s level of productivity”.
France has moved up one place in the ranking this year and is now 17th. It is ranked seventh in the European Union.
France’s strengths, as highlighted in the report, include the following:
- France is ranked sixth for life expectancy, eighth for the quality of its infrastructure, and ninth for market size and the strength of its institutions.
- French innovation capability fared particularly well, with France ranked 11th overall for this criterion. France is third for the quality of its research institutions and fifth for the number of scientific publications produced.