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Saudi Arabia ranks 13th in global competitiveness

Saudi Arabia ranks 13th in global competitiveness

Saudi Arabia ranked 13th globally among the most competitive countries according to the 2026 Global Competitiveness Report, advancing four positions compared to last year. This improvement is attributed to better performance in indicators related to government economy, business environment, and infrastructure. The country also secured the third spot among G20 nations, surpassing all members in government efficiency and business efficiency. Economic reforms have contributed to significant progress in several indicators, including export growth, banking services, and technology support. The report reflects the Kingdom's ongoing efforts to enhance its competitiveness within the framework of Saudi Vision 2030.

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