Bhushan Raj Timla/Shuttershock
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
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: