Economic Performance: IMD World Competitiveness Ranking
The IMD World Competitiveness Ranking, sourced from the IMD World Competitiveness Yearbook, assesses countries' economic performance based on various factors such as government policies, fiscal management, and market resilience. The rankings provide insights into the competitiveness and strength of national economies.
According to the IMD World Competitiveness Ranking for different years:
In 2018, the United States ranked first, followed by China in second place and the United Arab Emirates in third place. Greece, Jordan, and Venezuela ranked 59th, 60th, and 61st, respectively.
In 2019, the United States maintained its first position, with China in second place and Qatar in third place. Argentina, Jordan, and Venezuela held rankings of 59th, 60th, and 61st, respectively.
In 2020, the Netherlands claimed the top spot, followed by the United States in second place and Singapore in third place. South Africa, Jordan, and Venezuela ranked 59th, 60th, and 61st, respectively.
In 2021, Singapore emerged as the leading country, with the Netherlands in second place and Germany in third place. Botswana, Jordan, and Venezuela held rankings of 60th, 61st, and 62nd, respectively.
In 2022, Luxembourg secured the first position, with Singapore in second place and the United States in third place. Mongolia, Jordan, and Venezuela ranked 61st, 62nd, and 63rd, respectively.
The IMD World Competitiveness Ranking provides a comprehensive assessment of countries' economic performance on an index scale. Higher index values indicate stronger economic competitiveness.
