Bogotá, Medellín and Tunja lead the Competitiveness Index

The Private Competitiveness Council (CPC) and the Universidad del Rosario presented this Wednesday the 2022 Cities Competitiveness Index (ICC), a document that highlights the performance of the country’s capitals during the year 2021. From the Privy Council and the University it was highlighted that the document reflects the “possible path followed by the indicators economic and social aspects of cities after the crisis generated by covid-19.

(Live: launch of the 2022 Cities Competitiveness Index).

One of the main conclusions of the document is that during the year 2021 there was a recovery at a general level in the indicators of the cities, however, this was not uniform. This relates in particular to the widening of some gaps in some socioeconomic indicators, such as the labor market, where the gap between the best and worst performance increased by 5.1 percentage points.

The president of Private Competitiveness Council, Ana Fernanda Maiguashca, At the presentation of the report in the city of Tunja, he highlighted the importance of taking the index to the regions, because it is there ‘where the greatest gaps are perceived.

(The bankers’ proposals to improve competitiveness).

“The index is a tool with which we measure fundamental elements that the country’s cities need to build a better environment for their citizens. The word competitiveness is an elusive word, it is difficult to guess what it means, but when we talk about competitiveness we talk about almost all those factors that come together so that the cities, departments and the population of the country have the fundamental instruments to be more productivity, to be able to grow more, and fundamentally to be happier, in well-being”, Maiguashca highlighted.

The Cities Competitiveness Index is made up of four dimensions, in turn made up of 13 pillars: institutions, infrastructure and equipment, ICT adoption, environmental sustainability, health, basic and secondary education, higher education and job training, environment for business, labor market, financial system, market size, sophistication and diversification and innovation.

(Colombia, among the most competitive countries in Latin America).

“This index is a job that we have been developing for years, many consider it as a ranking, but it is having the ability to understand and comprehend the gaps that exist in the regions, it is the great space to share the good practices carried out by the public sector in the company of the private sector and academia”Alejandro Cheyne García, rector of the Universidad del Rosario, also highlighted.

The 2022 ranking by cities maintains the leadership positions of the first four cities unchanged, and is headed by Bogotá, with a score of 7.8 out of 10. The national capital stands out because it is also a leader in 7 of the 13 pillars that make up the report.

Medellin and its metropolitan area remain in second position, with a score of 6.99. The capital of Antioquia leads the infrastructure and equipment pillar, but it also stands out for its performance at a general level.

In third place appears again Tunja (6.43), a city that has been able to consolidate itself among the most competitive in the country due to its leadership in the pillars of health, basic and secondary education and the financial system; while in fourth place is Cali and its metropolitan area (6.36) and Bucaramanga (6.26) enters the top 5unseating Manizales from last year’s list.

(The departments with the best environment for doing business).​

The Index highlights the rise in three positions of Villavicencio, which is located in position 16 and Montería, which appears in position 17, both with a rating of 4.78.

The capital of Meta obtains this achievement by ascending seven positions in the sophistication and diversification pillar; three positions in the labor market, and two positions in institutions. On the other hand, Montería advances ten positions in business environment; nine positions in environmental sustainability and three positions in the health pillar.

In the 2022 ICC, four cities lost two positions compared to the 2021 recalculation: Ibagué (5.58), which appears in position 11; Yopal (4.77), in position 18; Cúcuta and its metropolitan area (4.54), which is in 19th place on the ranking, and San Andrés (4.17), which fell to 20th position.

Finally, the last positions of the Competitiveness Index are occupied by: San José del Guaviare, in 28th place and with a score of 2.95; Leticia (2.78 and position 29); Puerto Carreño (2.72 and position 30); Inírida (2.28 and 31st place) and Mitú (2.11 and 32nd place).

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