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World Competitiveness Yearbook (WCY)

Ranking and Score of Selected Countries in the IMD World Competitiveness Yearbook (WCY), 2014-2019 

NO. COUNTRY 2019 2018 2017 2016 2015 2014
RANK SCORE RANK SCORE RANK SCORE RANK SCORE RANK SCORE RANK SCORE
1 Singapore 1 100.00 3 98.55 3 99.49 4 97.65 3 95.00 3 91.00
2 Hong Kong 2 97.80 2 99.16 1 100.00 1 100.00 2 96.00 4 90.30
3 USA 3 97.12 1 100.00 4 98.66 3 97.88 1 100.00 1 100.00
4 Switzerland 4 96.01 5 97.14 2 99.66 2 98.02 4 91.92 2 92.42
5 Qatar 10 91.95 14 88.89 17 88.10 13 86.72 13 84.60 19 77.10
6 China 14 88.78 13 89.03 18 87.76 25 79.35 22 77.00 23 73.30
7 Taiwan 16 88.24 17 87.91 14 90.48 14 86.37 11 85.40 13 81.20
8 Germany 17 85.74 15 88.75 13 91.59 12 88.57 10 85.60 6 85.80
9 Australia 18 85.51 19 87.06 21 85.25 17 84.27 18 80.50 17 79.60
10 Malaysia 22 82.54 22 85.17 24 83.53 19 83.05 14 84.10 12 82.10
11 UK 23 81.84 20 85.62 19 86.78 18 83.34 19 79.90 16 79.80
12 Thailand 25 77.23 30 79.45 27 80.10 28 74.68 30 69.80 29 65.00
13 Korea 28 76.50 27 80.12 29 78.65 29 74.20 25 73.90 26 69.70
14 Japan 30 74.63 25 81.31 26 82.27 26 78.72 27 72.80 21 73.80
15 India 43 67.29 44 68.77 45 69.70 41 65.83 44 59.50 44 53.90
16 Philippines 46 64.73 50 64.66 41 71.80 42 65.54 41 60.20 42 55.00

Note: Number of participating countries:63 countries (2019, 2018 & 2017); 61 countries (2016 & 2015); 60 countries (2014)

Summary

The table above shows the position of Malaysia compared to other selected countries in the IMD World Competitiveness Yearbook (WCY) during 2014-2019. Malaysia remains at 22nd position in 2019 compared to last year, but the score drop 2.63 points to 82.54 . Malaysia Productivity Corporation (MPC) is the Partner Institute for this report and MESTECC is one of data contributor (Pillar: Basic Infrastructure and Scientific Infrastructure ).

Summary

The graph above shows a comparison of gross expenditure on R&D (GERD) as compared to the Gross Domestic Product (GDP) for selected countries. The WCY 2019 report shows that Malaysia was ranked 24th out of 63 countries, remains at the same positions as compared to last year with GERD/ GDP value of 1.44 .

Summary

The graph above shows the Business Expenditure on R&D (BERD) relatives to GDP. WCY 2019 reported that Malaysia moved up 2 spot to 26th position out of 63 countries compared to previous performance with BERD / GDP ratio of 0.81%.

Summary

The graph shows a comparison on Full Time Equivalent (FTE) of R&D personnel for selected countries. FTE indicate the period of time used by R&D personnel to conduct R&D activities. In 2019 report, the FTE of Malaysia was 89.2 thousand and moved up 1 spot to be ranked at 20th out of 63 countries.