Norway is the world's 14th most competitive country

Sweden took the second place by passing the United States with a high score in particularly its transportation system, and business ethic. In addition to Sweden, Finland and Denmark found a place in the top 10 list.

Norway, however could not be as successful as its neighbors. The report criticized the strict labor regulations and “inefficient bureaucracy” in Norway. Moreover, the tax regulations and tax level affected the position of Norway on the list. The report also

Most competitive countries

1. Switzerland

2. Sweden

3. Singapore

4. USA

5. Germany

6. Japan

7. Findland

8. Netherlands

9. Denmark

10. Canada

11. Hong Kong

12. United Kingdom

13. Taiwan, China

14. Norway

15. France

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