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UAE Tops Global rankings in 223 competitiveness indicators
The Business Guardian
|December 18, 2024
The United Arab Emirates has maintained its upward trajectory in global competitiveness reports in 2024, securing top positions in key indicators thanks to the wise leadership and forward-thinking vision aimed at human development as the foundation and primary goal of development.
The UAE ranked first globally in 223 indicators, compared to 215 in 2023, and was among the top five countries globally in 444 indicators, compared to 406 in 2023. It also ranked among the top 10 globally in 661 indicators, compared to 604 in 2023 and 508 in 2022.
The UAE’s progress is a tangible reflection of ongoing modernisation efforts in the legislative framework, the launch of proactive initiatives supporting the economic system and investment, the rule of law, the utilisation of advanced technology, and the development of various sectors to enhance the quality of life for all citizens and residents.
In the IMD World Competitiveness Yearbook 2024, the UAE climbed three places to seventh globally, following its achievement last year of entering the top 10 countries in the report.
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