← News Fri Apr 4, 2014 - 10:26 am - 0 comments

Jamaica falls in world trade ranking


JAMAICA fell one spot to 80 among 138 nations in the latest World Economic Forum (WEF) trade ranking.

The worsened position reflected in the just-released Global Enabling Trade 2014 report counters reported improvements shown in a separate World Bank global report.

Singapore led the world while the Caribbean country of the Dominican Republic, at 79, surpassed Jamaica in the 2014 study. It’s the first time that Dominican Republic outscored Jamaica.

Last month, the World Bank released its ‘Connecting to Compete 2014 — Trade Logistics in the Global Economy’, which ranked the island 70 among 160 nations. That report indicated that the island improved among the best in the world.

Published in the Jamaica Observer
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