Mauritius is ranked first in Sub-Saharan Africa and 45th worldwide with regards the global competitiveness index of the Global Competitiveness Report 2016-2017 released on 30th September by the World Economic Forum.
The Global Competitiveness Report 2016-2017 assesses the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity. Mauritius has improved its ranking from its previous position at the 46th place in the 2015-2016 report and is followed by South Africa and Rwanda on the African continent. According to the report, Mauritius is one of the 19 countries that have made the transition from an efficiency-driven economy to an innovation-driven one.
The 2016-2017 report refers to Mauritius as the region’s most competitive economy based on several achievements over the past years namely: improvement in institutions, more efficient bureaucracy; more efficient judiciary; and also in terms of good market efficiency.