The World Economic Forum (WEF) in addition to its traditional index, in its latest edition, has incorporated a new indicator which improves measurement when considering the country’s sustainability of achievements in terms of competitiveness. Therefore, the WEF has disclosed a «sustainable competitiveness» index defined as the «combination of institutions, policies and factors which make a country productive in the long term, while ensuring social and environmental sustainability”. Uruguay is number 52 according to its sustainability adjusted index, third in South America.

It should be noted that when the index is adjusted for competitiveness sustainability, Uruguay improves 28 positions and ranks third in South America.

The World Economic Forum in addition to its traditional index, in its latest edition, has incorporated a new indicator which improves measurement when considering the country’s sustainability of achievements in terms of competitiveness. Therefore, the WEF has disclosed a «sustainable competitiveness» index defined as the «combination of institutions, policies and factors which make a country productive in the long term, while ensuring social and environmental sustainability”. Uruguay is number 52 according to its sustainability adjusted index, third in South America.