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Articles

The Netherlands Ranks 4th in the 2017-2018 Global Competitiveness Report

Written by: Bridgewest

Netherlands-ranked-4th-in-the-2017-2018-Global-Competitiveness-ReportThe World Economic Forum just released the 2017-2018 Global Competitiveness Report in which the Netherlands maintain the position earned last year. This is good news for the Netherlands considering the shifts of other countries which last year had come in on the first positions. This year, the Netherlands ranks 4th in the overall report, however there are sectors in which the country came in first. Our Dutch company formation consultants can assist foreign investors who want to set up companies here.

The Netherlands is one of the most competitive economies in the world

For the second consecutive year, the Netherlands occupies the 4th place among the most competitive economies in the world. However, the Netherlands scored best in education, innovation, infrastructure and technology readiness.

At EU level, the Netherlands occupied the first position, way ahead of Germany, Sweden, Finland and the United Kingdom countries which have performed better in the past few years. This is because the Dutch government has strongly supported education and the development of technology for both companies and individuals.

Enterprisers interested in starting a business in the high-tech sector can rely on our company registration services in the Netherlands.

The Netherlands ranked high in other sub-indexes of the Global Competitiveness Report

It is no surprise for the Netherlands to occupy such good positions in global reports given how innovative its economy is. The Global Competitiveness Report for 2017-2018 confirms this, as the country ranked 6th in terms of innovation ecosystem through which it attracts foreign investments and the development of new ideas.

The Netherlands also ranked among the top 10 countries in the world in the following areas: healthcare, employment trainings, market efficiency, business sophistication and innovation. Dutch port infrastructure, the quality of research institutions, air transport infrastructure and university-industry cooperation in research and development activities were also appreciated in this year’s Global Competitiveness Report.

Foreign investors who want to set up businesses in the Netherlands and need assistance are invited to contact our local company formation advisors.

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