This is about Goods Market Efficiency.
The Global Competitiveness Index (6th pillar: goods market efficiency) in detail (2015-2016):
- Intensity of local competition ……………………………. 4.4 ……….118
- Extent of market dominance ……………………………. 2.3 ……….138
- Effectiveness of anti-monopoly policy ………………… 2.9 ……….132
- Effect of taxation on incentives to invest …………….. 4.3 …………25
- Total tax rate, % profits* ………………………………… 47.7 ……….102
- No. procedures to start a business* …………………… 11 ……….123
- No. days to start a business* …………………………. 72.0 ……….134
- Agricultural policy costs…………………………………… 3.8 …………68
- Prevalence of non-tariff barriers ………………………… 4.0 ……….102
- Trade tariffs, % duty* ………………………………………. 3.8 …………53
- Prevalence of foreign ownership ……………………….. 2.6 ……….138
- Business impact of rules on FDI ……………………….. 3.5 ……….124
- Burden of customs procedures ………………………… 3.0 ……….131
- Imports as a percentage of GDP* …………………… 23.8 ……….128
- Degree of customer orientation ………………………… 4.1 ……….104
- Buyer sophistication ……………………………………….. 2.7 ……….123
Reference
http://www3.weforum.org/docs/gcr/2015-2016/Global_Competitiveness_Report_2015-2016.pdf