The effects of the Great Recession are fading and economies around the world are improving, but some countries are experiencing greater economic resilience than others. The World Economic Forum's Global Competitiveness Report shows which countries are the most competitive economically based on 113 indicators that the WEF believes matter most for the countries' productivity.

Competitiveness is defined as "the set of institutions, policies, and factors that determine the level of productivity of an economy, which in turn sets the level of prosperity that the country can earn." These indicators include areas such as infrastructure, innovation, and the macroeconomic environment.

While the report says a majority of advanced economies have recovered from the financial crisis, there are some troubling signs of a new normal by which the global economy isn't growing as fast as it did historically.

Here's a look at this year's top 10 economically competitive countries out of 140 the WEF looked at, listed in reverse order.

10. United Kingdom

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