Bahrain has been ranked first in the price index category of the World Competitiveness Yearbook 2022, published by Switzerland-based International Institute for Management Development (IMD). The Yearbook assesses and ranks 63 economies around the world and bases its classification typically on four main indicators – economic performance, government efficiency, business efficiency and infrastructure. Bahrain’s 1st position in the Price Index category is an indication of the country’s balanced cost of ...