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Annotation: The nature of the factors that determine competitiveness is different, therefore the approaches to their determination (assessment) can be conditionally divided into two groups: assessment based on individual indicators (or a group of indicators) that quantitatively characterize the results of economic development and assessment based on a systematic approach using both quantitative and quality indicators. The article discusses two approaches to assessing the competitiveness of countries, based on different approaches. Their advantages and disadvantages are presented.