Montenegro is in 70th place. World Competitiveness Rating

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Montenegro is in 70th place. World Competitiveness Rating

According to the world competitiveness rating, compiled once a year by the World Economic Forum, in 2015 Montenegro took 70th place. This is not the best result: a year ago, Montenegro ranked 67th in the rating. This is due to the abundance of problems in the management of the Montenegrin business: access to finance, bureaucracy, lack of infrastructure, high tax rates, corruption and the restriction of workers' rights.
Traditionally, at the top of the ranking are Switzerland, Singapore and the United States. From the countries of the former Yugoslavia, Slovenia's highest position is 59th place, considering that last year it was on the 70th place. Macedonia climbed three lines - up to 60th place ranking. Croatia took 77th place, Serbia - 94th place, and Bosnia and Herzegovina - 111th place. For comparison, Russia this year ranked 45th. In the rating participated 140 countries.


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