{"id":25765,"date":"2022-06-15T12:20:20","date_gmt":"2022-06-15T12:20:20","guid":{"rendered":"https:\/\/investcroatia.gov.hr\/?p=25765\/"},"modified":"2022-06-15T13:57:33","modified_gmt":"2022-06-15T13:57:33","slug":"croatia-jumped-13-places-on-the-competitiveness-scale","status":"publish","type":"post","link":"https:\/\/investcroatia.gov.hr\/en\/croatia-jumped-13-places-on-the-competitiveness-scale\/","title":{"rendered":"Croatia jumped 13 places on the IMD&#8217;s competitiveness index"},"content":{"rendered":"<p>Lausanne, Switzerland, June 15, 2022 &#8211; In this year&#8217;s report of the IMD World Competitiveness Center, Croatia ranked 46th out of 63 world economies, which is an increase of 13 places compared to last year (the highest growth of all countries measured).<\/p>\n<p>The Swiss Institute for Management Development (IMD) Competitiveness Ranking measures how well countries manage their resources and competencies to enable the long-term creation of new values. The IMD methodology is based on the analysis of 4 competitiveness factors, namely: economic performance, public sector efficiency, business sector efficiency and infrastructure, using 20 indicators, 5 for each area.<\/p>\n<p>In 2022, Croatia recorded growth in all factors of competitiveness, while the greatest improvements were recorded in the area of \u200b\u200beconomic performance and in the efficiency of the public and business sectors.<\/p>\n<p>Significant positive developments in the Croatian economy have been identified and recorded in the following indicators:<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"298\"><\/td>\n<td width=\"94\"><strong>WCY 2021<\/strong><\/td>\n<td width=\"84\"><strong>\u00a0<\/strong><\/td>\n<td width=\"95\"><strong>WCY 2022<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"298\"><strong>1. <\/strong><strong>State of the general government budget<\/strong><\/p>\n<p><strong>2. <\/strong><strong>Bureaucracy<\/strong><\/p>\n<p><strong>3. <\/strong><strong>Legal and regulatory framework<\/strong><\/p>\n<p><strong>4. <\/strong><strong>Gross fixed capital formation &#8211; real growth<\/strong><\/p>\n<p><strong>5. <\/strong><strong>Real GDP growth per capita<\/strong><\/p>\n<p><strong>6.\u00a0 <\/strong><strong>Real GDP growth<\/strong><\/p>\n<p><strong>7.\u00a0 <\/strong><strong>Workforce &#8211; long-term growth<\/strong><\/p>\n<p><strong>8.\u00a0 <\/strong><strong>Exports of commercial services (billion USD)<\/strong><\/p>\n<p>9.\u00a0 <strong>Flexibility of Government policy<\/strong><\/td>\n<td width=\"94\">-0,57<\/p>\n<p>1,10<\/p>\n<p>1,97<\/p>\n<p>-2,94<\/p>\n<p>-7,96<\/p>\n<p>-8,4<\/p>\n<p>1,00<\/p>\n<p>9,69<\/p>\n<p>1,84<\/td>\n<td width=\"84\"><\/td>\n<td width=\"95\">3,32<\/p>\n<p>2,27<\/p>\n<p>3,35<\/p>\n<p>7,58<\/p>\n<p>14,66<\/p>\n<p>10,4<\/p>\n<p>2,98<\/p>\n<p>16,72<\/p>\n<p>3,85<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>The results of this year&#8217;s survey<\/strong> conducted among senior managers in the economy (an average of 100 managers per economy surveyed) indicate that Croatian businessmen perceive as 5 key positive factors in the Croatian economy:<\/p>\n<ol>\n<li>a highly skilled workforce<\/li>\n<li>the quality of the education system<\/li>\n<li>reliable infrastructure<\/li>\n<li>4. good access to finance<\/li>\n<li>high level of cost competitiveness<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Lausanne, Switzerland, June 15, 2022 &#8211; In this year&#8217;s report of the IMD World Competitiveness Center, Croatia ranked 46th out of 63 world economies, which is an increase of 13 places compared to last year (the highest growth of all countries measured). The Swiss Institute for Management Development (IMD) Competitiveness Ranking measures how well countries <a href=\"https:\/\/investcroatia.gov.hr\/en\/croatia-jumped-13-places-on-the-competitiveness-scale\/\" class=\"more\">[&hellip;]<\/a><\/p>\n","protected":false},"author":64,"featured_media":25770,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Croatia jumped 13 places on the IMD&#039;s competitiveness index - Invest Croatia<\/title>\n<meta name=\"description\" content=\"IMD World Competitiveness Scale for 2022 - Croatia jumperd 13 places\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investcroatia.gov.hr\/en\/croatia-jumped-13-places-on-the-competitiveness-scale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Croatia jumped 13 places on the IMD&#039;s competitiveness index - 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