The World Economic Forum has released their annual study on competitiveness in the global economy. They looked at the competitiveness landscape of 140 economies through 98 indicators organised into 12 pillars. For each indicator, using a scale from 0 to 100, it indicates how close an economy is to the ideal state or "frontier" of competitiveness. The United States achieved the best overall performance with a score of 85.6, ahead of Singapore and Germany. The average score for the world is 60. South Africa is ranked 67, falling 5 places this year. Roberto Crotti from the World Economic Forum, and the lead on this index research joins us via skype.For more news, visit: sabcnews.com