Saudi Arabia was able to make new progress in the year 2020, as it advanced to bitter 24, two places more than the previous year, among 63 countries that are the most competitive in the world, despite the economic conditions resulting from the Corona pandemic | The center is organizationally linked to the Council of Economic and Development Affairs |
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Saudi Arabia was able to make new progress in the year 2020, as it advanced to bitter The country is 24, two places higher than the previous year, among the 63 most competitive countries in the world, despite the economic conditions resulting from the Corona pandemic | Issuing building permits from 36 to 28, enforcing contracts from 59 to 51, property registration from 24 to 19, protecting minority investors from 7 to 3, and paying taxes from 78 to 57 |
7 points, which is the highest among the participating countries.
Saudi Arabia jumped from 141 to 38 in the commercial activity index, in cross-border trade it moved from 158 to 86, in the access to electricity index from 64 in 2019 to 18, in the access to credit index from 112 to 80, and in the index of access to credit from 112 to 80 | The National Competitiveness Center is a Saudi government center, established in January 2019 |
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The center is organizationally linked to the Council of Economic and Development Affairs |
The report also showed that Saudi Arabia advanced three places in terms of competitiveness for the year 2018, achieving the largest progress In its ranking 7 years ago, it ranked third in the Arab world and 36 globally, and the Kingdom maintained 17th place in market size, while it advanced to 19th globally in market production, and 37th in the institutions index.
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