Goods Market Efficiency

This is about Goods Market Efficiency.

The Global Competitiveness Index (6th pillar: goods market efficiency) in detail (2015-2016):

  1. Intensity of local competition ……………………………. 4.4 ……….118
  2. Extent of market dominance ……………………………. 2.3 ……….138
  3. Effectiveness of anti-monopoly policy ………………… 2.9 ……….132
  4. Effect of taxation on incentives to invest …………….. 4.3 …………25
  5. Total tax rate, % profits* ………………………………… 47.7 ……….102
  6. No. procedures to start a business* …………………… 11 ……….123
  7. No. days to start a business* …………………………. 72.0 ……….134
  8. Agricultural policy costs…………………………………… 3.8 …………68
  9. Prevalence of non-tariff barriers ………………………… 4.0 ……….102
  10. Trade tariffs, % duty* ………………………………………. 3.8 …………53
  11. Prevalence of foreign ownership ……………………….. 2.6 ……….138
  12. Business impact of rules on FDI ……………………….. 3.5 ……….124
  13. Burden of customs procedures ………………………… 3.0 ……….131
  14. Imports as a percentage of GDP* …………………… 23.8 ……….128
  15. Degree of customer orientation ………………………… 4.1 ……….104
  16. Buyer sophistication ……………………………………….. 2.7 ……….123

Reference

http://www3.weforum.org/docs/gcr/2015-2016/Global_Competitiveness_Report_2015-2016.pdf