South Korea ranked 13th out of one-hundred-41 countries surveyed in the World Economic Forum competitiveness index in 2019, rising two notches from the previous year.<br />Asia's fourth-largest economy topped the list in macroeconomic stability as well as adoption of ICT,... which includes the number of mobile phone subscriptions and fixed-broadband internet subscriptions.<br />According to the Geneva-based forum, this year's gains were tempered due in part to Seoul's rigid labor market.<br />In terms of basic requirements that measure institutions and infrastructure, South Korea came in at 26th and sixth place, respectively.<br />The country was also ranked eighth and 27th... in terms of health and skills. <br />