Brasília – A survey commissioned by the National Confederation of Industry (CNI, in the Portuguese acronym) points out that Brazil ranks next-to-last in a competitiveness ranking covering 15 countries with similar social and economic characteristics. The country only ranks higher than Argentina. Brazil ranks the same as in the report released in 2012. The country has dropped from 13th to 14th due to the fact that Turkey has been included in the survey.
The list is still topped by Canada. The Competitiveness Brazil 2013 survey has eight different criteria. In five of them, Brazil ranked in the lower third portion (from 11th to 15th); and in the three other criterions, Brazil ranked in the intermediate portion (from 6th to 10th). Apart from Brazil, the survey covered South Africa, Argentina, Australia, Canada, Chile, China, Spain, Colombia, South Korea, India, Mexico, Poland, Russia and Turkey.
The criteria in which Brazil placed the worst were tax burden, availability and cost of capital, at 14th. In infrastructure and logistics, and microeconomic environment, Brazil ranked 13th; in macroeconomic environment, it ranked 10th; in education it ranked 9th. In technology and innovation it ranked 8th; and in labour force availability and cost it ranked 7th.
*Translated by Gabriel Pomerancblum
