
This Asian country has the most ‘complex’ economy in the world
-Harvard’s Growth Lab has created the Country Complexity Ranking, based on the diversity of exported goods
-Japan comes top as a low-ubiquity, high-sophistication export economy
Countries Ranked by Their Economic Complexity
In the past, the trade between nations was a much simpler matter to grasp. Commodities and a few finished goods moved between a handful of countries in a straightforward way.
Today, around 6,000 officially classified products pass through the world’s ports, and digital products and services zip across country lines creating an extra layer of difficulty in measuring economic activity.
To try to understand this enormous level of economic complexity, the team at Harvard’s Growth Lab have created the Country Complexity Ranking. Here’s a look at the top 10 countries in the ranking:
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