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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