Kingdom Tops Global Trade Indicators
The Kingdom achieved advanced global rankings in trade indicators according to the 2026 Global Competitiveness Report. It ranked third in the "Supportive Legislation for Business Formation," fourth in "Economic Opportunities Equality," and seventh in "Efficiency of Large Enterprises." The Kingdom has improved its standings in all indicators compared to last year, thanks to collaborative efforts between the public and private sectors to facilitate doing business and develop the legislative environment. This has included reviewing and amending 110 laws, most notably those related to corporations, the commercial registry, and e-commerce. Additionally, the Kingdom's global ranking has risen to 13th out of 70 countries, and it is the third among G20 members after the United States and China.
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