The Global Competitiveness Report (GCR) is a yearly report published by the World Economic Forum. The Global Competitiveness Index integrates the macroeconomic and the micro/business aspects of competitiveness into a single index.
The report “assesses the ability of countries to provide high levels of prosperity to their citizens. This in turn depends on how productively a country uses available resources. Therefore, the Global Competitiveness Index measures the set of institutions, policies, and factors that set the sustainable current and medium-term levels of economic prosperity.”
The World Competitiveness Yearbook (WCY) is published by World Competitiveness Center of the Institute for Management Development (IMD), based in Lausanne, Switzerland. For over 20 years, the IMD World Competitiveness Yearbook has benchmarked the performance of the world’s most competitive economies.
The WCY contains a detailed profile for 61 economies as well as an extensive section of data tables with global rankings covering over 300 indicators. The data are primarily hard data and measurable statistics to provide the most objective assessment of countries’ competitiveness in today’s global world. This hard data is complemented by perceptions of competitiveness by the business community from the Executive Opinion Survey (EOS).