The 31 most competitive countries in the world

Every year, the World Economic Forum releases its Global Competitiveness Report on the state of the world's economies.

The WEF looks at data on areas as varied as the soundness of banks to the sophistication of businesses in each country. It then uses the data to compile a picture of the economy of almost every country on earth.

Countries were ranked according to the "12 pillars of competitiveness," which includes macro-economic environment, infrastructure, health and primary education, and labour market efficiency.

This year, the UK moved up three places to become the 7th most competitive economy in the world - but Brexit could threaten this as WEF says "our analysis suggests there is more downside risk from Brexit than there is upside when it comes to the competitiveness of the UK economy."

There was also a bit of change at the top of the rankings for this years 2016-2017 rankings.

Take a look at the top 31. The numbers cited is the overall ranking given by WEF: