Country Rankings on Global Competitiveness

Global Competitiveness Rankings

Scenic view of Marina Bay, Singapore

The IMD World Competitiveness ranks which countries are competitive in terms of enterprises. It covers 65 countries and uses 235 indicators from each of the ranked economies.

There are fours factors which were considered:

1) Economic performance;
2) Government efficiency;
3) Business efficiency; and
4) Infrastructure

The report showed that Singapore is the most competitive economy due to its advanced technological infrastructure, the availability of skilled labor, favorable immigration laws, and efficient ways to set up new businesses. This is followed by Hong Kong SAR, USA, Switzerland, and United Arab Emirates.

Meanwhile, the countries with least economic competitiveness are Venezuela, Mongolia, Argentina, Croatia, and Brazil.

2019 IMD World Competitive Ranking


Rank Country
1Country Rankings on Global Competitiveness 1Singapore
2Country Rankings on Global Competitiveness 2Hong Kong
3Country Rankings on Global Competitiveness 3United States of America
4Country Rankings on Global Competitiveness 4Switzerland
5Country Rankings on Global Competitiveness 5United Arab Emirates
6Country Rankings on Global Competitiveness 6Netherlands
7Country Rankings on Global Competitiveness 7Ireland
8Country Rankings on Global Competitiveness 8Denmark
9Country Rankings on Global Competitiveness 9Sweden
10Country Rankings on Global Competitiveness 10Qatar
11Country Rankings on Global Competitiveness 11Norway
12Country Rankings on Global Competitiveness 12Luxembourg
13Country Rankings on Global Competitiveness 13Canada
14Country Rankings on Global Competitiveness 14China
15Country Rankings on Global Competitiveness 15Finland
16Country Rankings on Global Competitiveness 16Taiwan
17Country Rankings on Global Competitiveness 17Germany
18Country Rankings on Global Competitiveness 18Australia
19Country Rankings on Global Competitiveness 19Austria
20Country Rankings on Global Competitiveness 20Iceland
21Country Rankings on Global Competitiveness 21New Zealand
22Country Rankings on Global Competitiveness 22Malaysia
23Country Rankings on Global Competitiveness 23United Kingdom
24Country Rankings on Global Competitiveness 24Israel
25Country Rankings on Global Competitiveness 25Thailand
26Country Rankings on Global Competitiveness 26Saudi Arabia
27Country Rankings on Global Competitiveness 27Belgium
28Country Rankings on Global Competitiveness 28South Korea
29Country Rankings on Global Competitiveness 29Lithuania
30Country Rankings on Global Competitiveness 30Japan
31Country Rankings on Global Competitiveness 31France
32Country Rankings on Global Competitiveness 32Indonesia
33Country Rankings on Global Competitiveness 33Czech Republic
34Country Rankings on Global Competitiveness 34Kazakhstan
35Country Rankings on Global Competitiveness 35Estonia
36Country Rankings on Global Competitiveness 36Spain
37Country Rankings on Global Competitiveness 37Slovenia
38Country Rankings on Global Competitiveness 38Poland
39Country Rankings on Global Competitiveness 39Portugal
40Country Rankings on Global Competitiveness 40Latvia
41Country Rankings on Global Competitiveness 41Cyprus
42Country Rankings on Global Competitiveness 42Chile
43Country Rankings on Global Competitiveness 43India
44Country Rankings on Global Competitiveness 44Italy
45Country Rankings on Global Competitiveness 45Russia
46Country Rankings on Global Competitiveness 46Philippines
47Country Rankings on Global Competitiveness 47Hungary
48Country Rankings on Global Competitiveness 48Bulgaria
49Country Rankings on Global Competitiveness 49Romania
50Country Rankings on Global Competitiveness 50Mexico
51Country Rankings on Global Competitiveness 51Turkey
52Country Rankings on Global Competitiveness 52Colombia
53Country Rankings on Global Competitiveness 53Slovakia
54Country Rankings on Global Competitiveness 54Ukraine
55Country Rankings on Global Competitiveness 55Peru
56Country Rankings on Global Competitiveness 56South Africa
57Country Rankings on Global Competitiveness 57Jordan
58Country Rankings on Global Competitiveness 58Greece
59Country Rankings on Global Competitiveness 59Brazil
60Country Rankings on Global Competitiveness 60Croatia
61Country Rankings on Global Competitiveness 61Argentina
62Country Rankings on Global Competitiveness 62Mongolia
63Country Rankings on Global Competitiveness 63Venezuela

 

Source: IMD World Competitiveness Center
Full report: IMD World Competitiveness Ranking 2019