The United States slips from fifth to seventh in the annual rankings, which, this year, have Switzerland on top.
1. Switzerland Fireworks illuminate the sky Aug. 11 during the Geneva Festival in Switzerland. The nation took first place in the World Economic Forum’s Global Competitiveness Report, released Sept. 5. In a brief summarizing the top country rankings, the authors write that Switzerland’s “most notable strengths are related to innovation and labor market efficiency, where it tops the [Global Competitiveness Index] rankings, as well as the sophistication of its business sector, which is ranked 2nd.” In order to maintain that edge, however, the authors note that Switzerland, home to the Forum’s headquarters, will need to raise its university enrollment rate, ”which continues to lag behind that of many other high-innovation countries, although this has been increasing in recent years.” Salvatore Di Nolfi/AP Buy Photo