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Wed, 12 Sep 2012 13:02:18 GMT | By Jason Buckland, MSN Money
World's most competitive countries

The most competitive places to do business, according to the World Economic Forum.



The most competitive places to do business, according to the World Economic Forum. (© iStock)
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In today's economy, money tends to follow the path of least resistance, which means fiscal superiority is likely to find the countries that can best compete for business.

To measure just what nations those are, the World Economic Forum surveyed 142 countries, looking at 12 measures* of competitiveness, including labour market efficiency, higher education and infrastructure. Canada, for its part, has fallen five places in the global ranking, placing 14th this year. Which countries are more competitive than Canada? Click through to find out.

* Full 12 categories: Innovation, institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market development, technological readiness, market size and business sophistication.

* Bing: What is Canada's unemployment rate?

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    20 %
    An indoor swimming pool or hot tub
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    24 %
    Heated bathroom floors (no more cold feet!)
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    29 %
    A heated driveway … No more shovelling!
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