ISLAMABAD - Pakistan has inched up slightly in the World Economic Forum Global Competitiveness Report 2018.
The Report has adopted a new methodology for measuring Competitiveness 4.0. by including indices which represents more knowledge and digital-based ecosystems.
Although the new methodology is a reboot of the Index, where Pakistan has been ranked at 107 among 140 economies, however to give a comparison with the old Global Competitiveness Index (GCI) methodology, the WEF has given a ranking called the backcasting, where Pakistan has shown improvement and ranked at 106 this year, as compared to 115 in 2017.