A-Z Popular Blog Economics Search »
Related Topics
Moral Hazard

Economic Problems

15 Examples of Competitiveness (2024)

 , updated on
Competitiveness is the degree to which a nation, region or city can provide a high quality of life to its residents. This is essentially a measure of the economic potential of a place. The following are common examples of competitiveness.

Soft Infrastructure

Institutions such in areas such as governance, finance, standards, education, health, science, culture and nature.

Hard Infrastructure

Hard infrastructure in areas such as energy, water, transportation and information technology.


A stable political and economic system.


A healthy population and access to adequate healthcare services.


A low crime rate.


An educated population and access to education.


Competitive, robust and liquid markets for goods, labor and capital. For example, a system of labor that allows people to freely change jobs without legal restrictions.


The average amount of value created in an hour of work. Nations with high productivity rates typically have a comparative advantage in high value industries such as information technology, advanced manufacturing, services and cultural products.


Efficiency is the amount of output you get for a unit of input. All else being equal, a nation that uses resources such as labor, land, water and energy efficiently has an advantage over those that lack efficiency.


A diversified economy that produces a wide array of products and services at scale.


A high rate of change such as a nation that is able to invent new industries and transform its economy.


Low risks in areas such as disasters, war and financial mismanagement.


A lack of corruption such as a government that is unduly influenced by industry or friends.

Ease of Doing Business

Low taxes and administrative burden, particularly for small businesses.

Quality of Life

The self-evaluated happiness of a population. For example, a city with a sense of community and social connection with interesting features, a clean environment and efficient transportation system. Allows a city to develop and attract the best and brightest.


Various organizations evaluate the competitiveness of nations and cities using criteria that may differ from the examples above.
Overview: Competitiveness
The degree to which a nation, region or city can provide a high quality of life to its residents.
Related Concepts


This is the complete list of articles we have written about society.
Added Value
Business Clusters
City Economics
Common Resources
Economic Benefit
Economic Conditions
Economic Institutions
Economic Needs
Economic Outcomes
Economic Problems
Foreign Direct Investment
Intermediate Goods
Market Economy
Marketing Economics
Productivity Benefits
Search Good
Switching Barriers
Trade War
More ...
If you enjoyed this page, please consider bookmarking Simplicable.


Everyday examples of economics.


An overview of economic scale with examples.

Trade War

An overview of trade wars with examples.

Market Conditions

The common types of market conditions.

Free Market

A complete overview of free markets.


The definition of macroeconomics with examples.

Information Economics

The definition of information economics with examples.

Market Forces

The primary forces that shape competition in a market.

Traditional Economy

A complete overview of traditional economies with examples.

Developed Country

The definition of a developed country with an overview of common characteristics.


A list of city characteristics that add to quality of life.

Smart Cities

A list of smart city technologies.

Emergent Cities

An overview of emergent cities.

City Infrastructure

A list of city infrastructure.

Night Economy

An overview of the night economy.


A definition of future-proofing with examples.

Cosmopolitan City

The definition of cosmopolitan city with examples.

Edge City

The defining characteristics of an edge city.


The common types of street.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map