Economic Fitness
@worldbank.economic_fitness
@worldbank.economic_fitness
Economic Fitness (EF) is both a measure of a country’s diversification and ability to produce complex goods on a globally competitive basis. Countries with the highest levels of EF have capabilities to produce a diverse portfolio of products, ability to upgrade into ever-increasing complex goods, tend to have more predictable long-term growth, and to attain good competitive position relative to other countries. Countries with low EF levels tend to suffer from poverty, low capabilities, less predictable growth, low value-addition, and trouble upgrading and diversifying faster than other countries. The comparison of the Fitness to the GDP reveals hidden information for the development and the growth of the countries.
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