Ukraine has been flanked by Namibia and Greece.
Ukraine took the 85th spot in the Global competitiveness index 2016-2017 ranking, according to World Economic Forum.
The biggest problem for business in Ukraine is corruption, policy instability, inflation, inefficient givernant bureaucracy, lack of access to financing, government instability,taxe rates.
World Economic Forum assessed the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity, it goes in a report.
Global Competitiveness Index includes 12 indicators of competitiveness and has been released annually since 1979 on the basis of publicly available information and the views of several thousand experts from over 100 countries.