Scott Rasmussen's Number of the Day for October 23, 2018
The Number of the Day columns published on Ballotpedia reflect the views of the author.
October 23, 2018: For the first time in a decade, the United States economy is rated as the world’s most competitive. When measured against an ideal economy, the U.S. scored 85.6 out of 100 points.
“The Global Competitiveness Report this year assessed 140 countries on 98 indicators that measure business investment and productivity,” according to The Wall Street Journal. “The indicators are organized into 12 main drivers of productivity including the nations’ institutions, tech savvy, infrastructure, education systems, market size and innovation.”[1]
While generally encouraging, the report's authors noted that “recovery remains vulnerable to a range of risks and potential shocks.” One major potential risk is a brewing trade war with China.
The 20 top economies and their competitiveness scores are listed below:[2]
- United States: 85.6
- Singapore: 83.5
- Germany: 82.8
- Switzerland: 82.6
- Japan: 82.5
- Netherlands: 82.4
- Hong Kong: 82.3
- United Kingdom: 82.0
- Sweden: 81.7
- Denmark: 80.6
- Finland: 80.3
- Canada: 79.9
- Taiwan: 79.3
- Australia: 78.9
- South Korea: 78.8
- Norway: 78.2
- France: 78.0
- New Zealand: 77.5
- Luxembourg: 76.6
- Israel: 76.6
Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology.
- October 22, 2018 – 2 countries in the world have legalized marijuana nationwide
- October 19, 2018 – 65 percent of Google News links point to left-leaning news sources
- October 18, 2018 – 1 trillion humans in galaxy envisioned by Jeff Bezos
- October 17, 2018 – 17 percent increase in federal deficit during 2018
- October 16, 2018 – 21 days left in Election 2018
- To see other recent numbers, check out the archive.
Scott Rasmussen’s Number of the Day is published by Ballotpedia weekdays at 8:00 a.m. Eastern. Click here to check out the latest update.
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Columns published on Ballotpedia reflect the views of the author.
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