Costa Rica among top three competitive economies in Latin America per report

Posted on September 6, 2014 • Filed under: Costa Rica, Economy reported Costa Rica was among the top three most “competitive” economies in Latin America last year, according to the World Economic Forum’s Global Competitiveness Report 2014-2015, released on Wednesday. Costa Rica, ranked 51st worldwide, came in behind Panama (48) and Chile (33).

Costa Rica has enjoyed a steady rise on the index during the last several years, jumping three spots this year, up from 54. The country scored especially well on metrics for health and education, technology readiness, and innovation potential.

The Dominican Republic (101), El Salvador (84), Guatemala (78), Honduras (100), and Nicaragua (99) all trailed Costa Rica. Venezuela (131) and Haiti (137) scored at the bottom of the annual survey for Latin America and the Caribbean. Read Article

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