Geo-Economics and Politics

Which countries have the most – and least – efficient governments?

Paul Muggeridge
Senior Writer, Forum Agenda
Share:
Our Impact
What's the World Economic Forum doing to accelerate action on Geo-Economics and Politics?
The Big Picture
Explore and monitor how Infrastructure is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Infrastructure

The efficiency of government has a significant bearing on a country’s competitiveness and economic growth. Excessive bureaucracy and regulation, a lack of transparency, and inadequate legal frameworks all impose additional costs on business and impede expansion.

The World Economic Forum’s annual Global Competitiveness Report evaluates the efficiency of 144 of the world’s governments on measures including the wastefulness of government spending, burden of regulation and transparency of policymaking, to produce an overall global ranking.

150713-efficient governments MOSTQatar emerges as the country with the most efficient government, closely followed by Singapore. Rwanda’s strong showing in seventh position was secured thanks in large part to the low level of waste in government spending.

At the other end of the scale, Venezuela has the least efficient government, some way behind Italy and Argentina in second and third places.

150713-efficient governments LEASTIf you’d like to learn more, read Can better regulation boost growth? and 10 ways countries can improve their competitiveness.

To keep up with the Agenda subscribe to our weekly newsletter.

Author: Paul Muggeridge is Head of Content at Formative Content.

Image: The feet of visitors are seen from below as they make their way along a translucent walkway at the National Museum of American in Washington. REUTERS.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Geo-Economics and PoliticsFinancial and Monetary SystemsEconomic Growth
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

9 ways national security and economic cooperation are evolving

Simon Lacey and Don Rodney Junio

June 3, 2024

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2024 World Economic Forum