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from https://www.visualcapitalist.com/ranked-the-worlds-most-competitive-economies-in-2026/

Ranked: The WorldrCOs Most Competitive Economies in 2026
Published 6 hours ago on September 3, 2026
By Srijaa Chatterjee
Design
Cynthia Tran Vo

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Ranked: The WorldrCOs Most Competitive Economies in 2026
Key Takeaways:
Singapore ranks as the worldrCOs most competitive economy in 2026,
followed by Hong Kong and Switzerland.
Asia accounts for three of the top five economies, while European
countries take five of the top 10 spots.
IMD evaluates competitiveness across economic performance, government efficiency, business efficiency, and infrastructure.
The 2026 IMD World Competitiveness Ranking compares 70 economies on how effectively they create conditions for businesses to compete and
generate long-term value.

Vietnam joins the ranking for the first time in 2026.

Singapore Leads the WorldrCOs Most Competitive Economies
The following table shows the 2026 rankings from IMD:


15
entries per page
Search:
Rank
Country
Economic Competitiveness Score
1 Efc+Efc4 Singapore 100.0
2 Efc!Efc# Hong Kong SAR 95.6
3 Efc?Efc! Switzerland 95.3
4 Efc|Efc+ Taiwan (Chinese Taipei) 94.3
6 Efc-Efc# Denmark 94.1
7 Efc<Efc- Ireland 94.1
5 EfcaEfc- UAE 94.1
8 Efc|Efc# Netherlands 90.1
9 Efc+Efc- Sweden 88.5
10 Efc|Efc+ United States 86.8
11 Efc|Efca Qatar 85.9
12 Efc?Efc| China 84.4
13 Efc+Efca Saudi Arabia 84.0
14 Efc#Efc| Luxembourg 82.1
15 Efc#Efc+ Malaysia 81.9
Showing 1 to 15 of 70 entries
rC|12345rC|
Rank
Country
Economic Competitiveness Score
16 Efc?Efca Canada 81.0
17 EfcaEfc| Australia 79.2
18 Efc|Efc| Norway 78.1
19 Efc2Efc< Finland 76.8
20 EfcoEfc! Bahrain 76.3
21 Efc#Efc+ Korea Rep. 75.6
22 Efc<Efc+ Iceland 75.1
23 Efc-Efc- Germany 73.6
24 Efc4Efco United Kingdom 72.5
25 Efc|Efc# Oman 71.7
26 Efc|Efc! Thailand 71.1
27 Efc+Efc| Vietnam 70.6
28 Efc-Efc- Estonia 70.5
29 EfcaEfc| Austria 70.4
30 Efc>Efc| Japan 70.1

Rank
Country
Economic Competitiveness Score
31 Efc#Efc+ Kuwait 70.1
32 EfcoEfc- Belgium 69.0
33 Efc?Efc+ Czech Republic 67.3
34 Efc#Efc| Lithuania 67.3
35 Efc#Efc+ Latvia 67.2
36 Efc2Efc+ France 66.7
37 Efc|Efc+ New Zealand 66.7
38 Efc#Efc+ Kazakhstan 65.4
39 Efc-Efc+ Spain 65.0
40 Efc|Efc| Portugal 64.8
41 Efc|Efc# Poland 64.1
42 Efc?Efc+ Cyprus 63.2
43 Efc?Efc# Chile 63.1
44 Efc<Efc| India 62.0
45 Efc<Efc| Italy 61.7

46 Efc>Efc| Jordan 59.3
47 Efc|Efc! Philippines 59.1
48 Efc<Efc- Indonesia 57.6
49 Efc+Efc< Slovenia 55.2
50 Efc4Efc+ Greece 53.3
51 Efc!Efc| Hungary 51.3
52 Efc|Efc+ Puerto Rico 51.1
53 Efc!Efc+ Croatia 51.0
54 Efc+Efca South Africa 50.2
55 Efc#Efc- Kenya 50.0
56 EfcoEfc4 Bulgaria 47.6
57 Efc|Efc+ T|+rkiye 47.2
58 EfcaEfc+ Argentina 46.9
59 Efc?Efc| Colombia 45.9
60 Efc|Efc- Peru 43.3

46 Efc>Efc| Jordan 59.3
47 Efc|Efc! Philippines 59.1
48 Efc<Efc- Indonesia 57.6
49 Efc+Efc< Slovenia 55.2
50 Efc4Efc+ Greece 53.3
51 Efc!Efc| Hungary 51.3
52 Efc|Efc+ Puerto Rico 51.1
53 Efc!Efc+ Croatia 51.0
54 Efc+Efca South Africa 50.2
55 Efc#Efc- Kenya 50.0
56 EfcoEfc4 Bulgaria 47.6
57 Efc|Efc+ T|+rkiye 47.2
58 EfcaEfc+ Argentina 46.9
59 Efc?Efc| Colombia 45.9
60 Efc|Efc- Peru 43.3



Singapore takes first place with a normalized score of 100, ahead of
Hong Kong (95.6) and Switzerland (95.3). Taiwan ranks fourth, while
Denmark, Ireland, and the UAE each score 94.1, placing fifth through
seventh.

Singapore is also the only economy to rank among the global top five
across all four competitiveness factors. Its business efficiency
improved to first place in 2026, helping it reclaim the overall top
position from Switzerland.

How Economic Competitiveness Is Measured
IMDrCOs framework spans 341 criteria organized into 20 sub-factors and
four pillars: economic performance, government efficiency, business efficiency, and infrastructure. Hard data account for two-thirds of the
final ranking, while an executive opinion survey accounts for one-third.

Economic size and competitiveness are not the same thing. The U.S., for example, is the worldrCOs largest economy, but ranks 10th in IMDrCOs 2026 ranking.

Instead, IMDrCOs framework captures a broader set of conditions that shape
how effectively businesses can operate, invest, and compete.

Why Europe and Asia Lead the Ranking
Europe and Asia account for nine of the top 10 positions. Many leading economies combine productive businesses, sophisticated infrastructure,
skilled workforces, and institutions that make investment and commerce
more predictable.

The 2026 IMD report places particular emphasis on institutional
credibility and the rule of law. Predictable regulations, enforceable contracts, and effective government can help businesses make longer-term investments amid geopolitical uncertainty.


Innovation also matters. Several leading economies are home to or
closely connected with the worldrCOs major innovation clusters,
strengthening their ability to commercialize technology, attract talent,
and improve productivity.

Still, the rankings show that there is no single formula. The UAE ranks seventh and the U.S. 10th, showing that highly competitive business environments can emerge from very different economic models.

Learn More on the Voronoi App
To see economic scale from another perspective, check out How Similarly-Populated Countries Compare in Economic Strength on the
Voronoi app.


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