Global Competitiveness Index, 2023

  • The International Institute for Management Development (IMD) has published the latest World Competitiveness Rankings.
  • Denmark, Ireland and Switzerland occupy the top three spots in the list of 64 countries.
  • Singapore is fourth and the Netherlands is fifth in the top five rankings.
  • The rest of the top 10 are Taiwan, Hong Kong, Sweden, the US and the United Arab Emirates, respectively.
  • India has dropped 3 places to 40th position, but is still in a better position than between 2019-2021, when it was ranked 43rd for three consecutive years.

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