Among 66 countries, Brazil ranks 46th in competitiveness, according to a survey by the Federation of Industries of the State of Rio de Janeiro (Firjan), launched this Wednesday (11).
For Luiz Césio Caetano, president of Firjan, one of the main obstacles the country faces is the lack of access to quality education, which prevents people from being trained.
“This becomes a barrier for them to obtain better jobs and a bottleneck for companies that cannot find a workforce prepared for the new times, up to the enormous challenges that technological transformations impose”.
The country is just behind economies such as Vietnam, India, Indonesia, Morocco and South Africa, shows the Firjan Global Competitiveness Index (IFCG).
The ranking podium is made up of Singapore, Switzerland and Denmark.
“It is urgent that Brazil begins an effective movement, with public policies to reverse the situation it finds itself in today: a giant, which could go hand in hand with the great world powers, but which lags behind in the competitiveness race because it cannot make the most of your potential”, argues Caetano.
The Index uses 2023 data from the World Bank and UNESCO on states’ efficiency, business environment, infrastructure and human capital to determine their respective degrees of competitiveness.
The calculation method was also used to compare the performance of the countries analyzed between 2013 and 2023. According to the IFCG, Brazil fell six positions in ten years.
In terms of “human capital”, Brazil occupies 33rd position; while in “infrastructure”, the 47th.
Both in the “business environment” (51st) and “State efficiency” (52nd) pillars, the country is among the ten worst placed.