According to the World Economic Forum’s 2014-15 Global Competitiveness Report, the United States has the third most competitive economy in the world. (The U.S. ranked fifth in 2013-14.) Switzerland has the most competitive economy. Global competitiveness is “defined as the set of institutions, policies and factors that determine the level of productivity.”
According to Standard & Poor’s, the U.S. has a credit rating of AA+, which makes the U.S. rank seventeenth in the world in that category. Sixteen economies rank higher, at AAA. They are: Australia, Austria, Canada, Denmark, Finland, France, Germany, Isle of Man, Luxembourg, Netherlands, New Zealand, Norway, Singapore, Sweden, Switzerland, and United Kingdom.
According to the World Economic Forum, in 2011 the United States had a global economic competitiveness score of 5.43, which makes the United States rank fourth in that category. Switzerland ranks first, with a score of 5.63.
According to the OECD in 2008 the U.S. ranks second out of 33 countries in out of pocket health expenses. The average per person out of pocket health expense in the U.S. is $912. Switzerland ranked first with a cost of $1424 (U.S. dollars) per person.
Prepared by Laurie W.