Top Ten Economies Of The World In 2010, The Best Progressing Economy
Mohsin Ali | Jan 10, 2010 | Comments 0
The economies of the world are under stress because of global financial crunch. Specially, USA is going down in the graph as its financial market is facing slump. Lots of financial institutions have been bankrupted because of global depression. The global economy is finding no chance of recovery despite of strong efforts by the American president. But it is expected that global economy will recover a bit in 2010. Following are the top ten 10 rickest economies of the world. These economies are recorded as the best progressing economies of the world by Global Competitiveness Report 2009-2010.
| No. | Country | Points | GDP-Growth Rate Till 2009 |
| 1. | Switzerland |
5.60
|
-1.83 |
| 2. | USA | 5.59 | -3.23 |
| 3. | Singapore | 5.55 | -2.08 |
| 4. | Sweden | 5.51 | -5.77 |
| 5. | Denmark | 5.46 | -5.43 |
| 6. | Finland | 5.43 | -7.70 |
| 7. | Germany | 5.37 | -0.80 |
| 8. | Japan | 5.37 | -6.60 |
| 9. | Canada | 5.33 | -2.90 |
| 10. | Netherlands | 5.32 | -4.53 |
There are 12 factors which are taken into consideration when these countries are compared with eachother. Following are those factors;
- Institutions
- Infrastructure
- Macroeconomic Stability
- Health And Primary Education
- Higher Education And Training
- Goods Market Efficiency
- Labor Market Efficiency
- Financial Market Sophistication
- Technological Readiness
- Market Size
- Business Sophistication
- Innovation
Filed Under: Countries • Economy
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