Poland drops in WEF competitiveness ranking

Poland has dropped by one position and ranks 43rd in the latest edition of the Global Competitiveness Index (GCI) compiled by the World Economic Forum, the National Bank of Poland said on Wednesday. Switzerland ranks first in this year’s GCI, followed by Singapore and the United States. In the CEE region, Estonia was ranked highest, at the 29th spot. The Czech Republic also fared better than Poland, jumping by nine positions to the 37th. “The downward trend in the Polish economy’s competitiveness may look worrying,” said Piotr Boguszewski from the NBP, the Polish coordinator of the WEF survey. “Especially countries from our region are increasing their competitiveness and improving their position in the ranking.” “This proves that in the global world you need to go forward in a constant and energetic way in order not to be left behind,” Boguszewski added.