World Competitiveness Ranking
Why a competitiveness ranking?
An economy’s competitiveness cannot be reduced to just its GDP and productivity; political, social and cultural dimensions are a reality for enterprises, too. Governments play a crucial role, by providing an environment characterized by efficient infrastructure, institutions, and policies that can encourage sustainable value creation on the part of enterprise.
On this premise, 36 years ago the IMD World Competitiveness Ranking was created, in a bid to provide actionable data analysis on economies, regions and sub-regions according to how they optimize their individual competencies in order to achieve long-term value creation for their people. It provides benchmarking and exposes trends, using both statistics and real-world survey data.
The 2024 edition, released in June, provides extensive coverage of 67 global economies and is a worldwide reference on the competitiveness of economies. In 2024, three new economies were added: Ghana, Nigeria and Puerto Rico.
What are executives’ top three concerns for their businesses? Find out more in this video and also discover whether Denmark held on to its 2023 lead in the highly influential ranking, now in its 36th year of helping policymakers in the public and private sectors alike build roadmaps for greater prosperity for their economies — and their people.
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