Economic Growth

Copa America: Which countries are most competitive off the pitch?

Match referee Jon Moss uses vanishing spray to mark the boundary of the ball during a free kick in the English Premier League soccer match between Arsenal and Crystal Palace at the Emirates stadium in London August 16, 2014.    REUTERS/Stefan Wermuth  (BRITAIN - Tags: SPORT SOCCER) FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. NO USE WITH UNAUTHORIZED AUDIO, VIDEO, DATA, FIXTURE LISTS, CLUB/LEAGUE LOGOS OR "LIVE" SERVICES. ONLINE IN-MATCH USE LIMITED TO 45 IMAGES, NO VIDEO EMULATION. NO USE IN BETTING, GAMES OR SINGLE CLUB/LEAGUE/PLAYER PUBLICATIONS - RTR42NSG

World winners ... we use the Global Competitiveness Report to compare nations' economic scores Image: REUTERS/Stefan Wermuth

Joe Myers
Writer, Forum Agenda

The world’s oldest international continental football competition is in full swing in the United States. It is the first time the Copa America has been held outside South America in its 100-year history, with 32 matches being played across the US throughout June.

As 16 teams aim to prove themselves the best on the pitch, which countries’ economies are most competitive off the pitch?

Using data from the World Economic Forum’s most recent Global Competitiveness Report, we ask: which economies are topping the group in Copa America?

Copa America’s most competitive economies

 Copa America's most competitive economies

The host comes out on top, with a score of 5.6 out of 7. The US’s high score saw it come third overall in the global rankings. The report highlights major strengths as “exceptional innovation capacity, large market size and sophisticated businesses”.

The silver medal goes to Chile, which was 35th overall. The Chilean economy was Latin America’s most competitive. A number of strengths have driven this: solid institutions, well-functioning financial markets and technological readiness.

Just behind, in third place, is Panama. The small Central-American nation featured especially highly in the financial-market development pillar.

The economic picture

The majority of Copa America economies are facing a challenging environment. GDP growth is falling across much of the continent, inflation is high from Venezuela to Argentina, and there is continued concern over job creation and inequality.

With the Global Competitiveness Report providing an insight into productivity and prosperity, it offers a comprehensive look at national economic competitiveness. However, the question remains: which economies are set to convert opportunities into goals, and which could be wrongfooted by defensive lapses?

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The views expressed in this article are those of the author alone and not the World Economic Forum.

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