2015-2016 Global Competitiveness Report: Greece ranks 81st

"Most advanced economies have recovered to their pre-crisis level of competitiveness. Yet some disparity remains, with some Eastern and Southern European countries occupying the lowest rankings in this group: most notable is Greece, which at 81st place is the least competitive economy of this group," according to the report.

The data, however, for Greece were collected before the new agreement between Athens and its international creditors this summer, the report noted.

Switzerland remains in the top of the list for the seventh consecutive year, with Singapore and the US following in second and third place.

The Global Competitiveness Report 2015-2016 assesses the competitiveness landscape of 140 economies, providing insight into the drivers of their productivity and prosperity.