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Wednesday, May 15, 2024

An international report ranks Morocco sixth in the Arab world in “infrastructure and market access”

Elmahjoub Dasaa

Morocco ranked sixth in the Middle East and North Africa region, and 57th in the world in “infrastructure and access to markets”, according to the results of the “Global Prosperity Index 2023”, issued yesterday by the British “Legatom” Foundation for economic and social research.

In the Arab world, the UAE ranked first, which ranked 22nd globally, followed by Bahrain 31, Qatar 36, Oman 48, Saudi Arabia 54, Morocco 57, Kuwait 64, and Jordan 67.

Infrastructure and Market Access is one of the most important sub-indicators of the Global Prosperity Index.

Singapore topped the world countries in “infrastructure and accessibility to markets” this year, while Hong Kong came in second place, and the Netherlands ranked third. Sweden and Norway alternated second and third places, the first jumping from third place in the last edition to third place in this year’s edition, while the latter fell from second to third. Finland retained fourth place for the third edition in a row. Fifth place in this year’s edition went to Switzerland.

Morocco ranked 96th globally in the overall ranking, ahead of Tunisia, which ranked 99th, Algeria ranked 109th, and Libya ranked 146th.

In the Arab world, Morocco ranked tenth among the countries of the Middle East and North Africa region, behind Israel, the UAE, Qatar, Kuwait, Bahrain, Oman, Saudi Arabia, Jordan and Turkey.

This year, the UAE retained its Arab leadership on the “Global Prosperity Index 2023”, which it has occupied for several consecutive years, as it ranked first in the Arab world and 44th in the world on the list of the most prosperous and prosperous countries in the world in 2023, which is also its global ranking on the index in its latest editions. Which is in November 2021.

It is noteworthy that the “Global Prosperity Index 2023” monitors the levels of prosperity and prosperity in all countries of the world on an annual basis, based on the sum total of the balances obtained by each country in a number of criteria and sub-indicators, the most important of which are: the quality of conditions available to companies and commercial projects, the quality of markets and accessibility.

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