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Azerbaijan significantly rises in global competitiveness rating (UPDATE)

Business Materials 5 September 2012 14:17 (UTC +04:00)
Azerbaijan has risen by nine points in the global competitiveness rating annually made by the World Economic Forum and ranks 46th, the forum said today.
Azerbaijan significantly rises in global competitiveness rating (UPDATE)

The details were added (the first version was posted at 13:53)

Azerbaijan, Baku, Sept. 5 / Trend A. Akhundov /

Azerbaijan has risen by nine points in the global competitiveness rating annually made by the World Economic Forum and ranks 46th, the forum said today.

According to this index, Azerbaijan is the leader in the CIS, Kazakhstan ranks 51, Russia - 67, Ukraine - 73 and Armenia - 82.

Among Azerbaijan's neighbouring countries Turkey ranks 43, Iran - 66 and Georgia - 77.

Switzerland has led the ratings as it did last year.

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