Basic Infrastructure: IMD World Competitiveness Ranking
The IMD World Competitiveness Yearbook includes a category that assesses the quality of basic infrastructure in different countries. This category examines various factors such as transport, utilities, and communication systems to evaluate how they influence a country's economic competitiveness.
Here are the rankings for basic infrastructure according to the IMD World Competitiveness Ranking for different years:
In 2019, Iceland secured the top position, followed by the United Arab Emirates in second place and Hong Kong in third place. The Philippines, Jordan, and Venezuela held rankings of 61st, 62nd, and 63rd, respectively.
In 2020, Iceland maintained the first place, with Hong Kong in second place and Norway in third place. South Africa, Jordan, and Venezuela ranked 61st, 62nd, and 63rd, respectively.
In 2021, Norway claimed the top position, followed by Iceland in second place and Denmark in third place. South Africa, Botswana, and Venezuela held rankings of 62nd, 63rd, and 64th, respectively.
In 2022, the United Arab Emirates secured the first position, with Iceland in second place and Norway in third place. South Africa, Jordan, and Venezuela ranked 61st, 62nd, and 63rd, respectively.
These rankings provide insights into the quality and effectiveness of basic infrastructure in different countries, including their transport, utilities, and communication systems. Higher index values indicate better-developed and more efficient infrastructure, which can contribute to a country's overall competitiveness.