IMD World Competitiveness ranking 2020

One year change

2020 Country 2019 Change

1 Singapore 1 0 —
2 Denmark 8 6 ↑
3 Switzerland 4 1 ↑
4 Netherlands 6 2 ↑
5 Hong Kong SAR 2 -3 ↓
6 Sweden 9 3 ↑
7 Norway 11 4 ↑
8 Canada 13 5 ↑
9 UAE 5 -4 ↓
10 USA 3 -7 ↓
11 Taiwan, China 16 5 ↑
12 Ireland 7 -5 ↓
13 Finland 15 2 ↑
14 Qatar 10 -4 ↓
15 Luxembourg 12 -3 ↓
16 Austria 19 3 ↑
17 Germany 17 0 —
18 Australia 18 0 —
19 United Kingdom 23 4 ↑
20 China 14 -6 ↓
21 Iceland 20 -1 ↓
22 New Zealand 21 -1 ↓
23 Korea Rep. 28 5 ↑
24 Saudi Arabia 26 2 ↑
25 Belgium 27 2 ↑
26 Israel 24 -2 ↓
27 Malaysia 22 -5 ↓
28 Estonia 35 7 ↑
29 Thailand 25 -4 ↓
30 Cyprus 41 11 ↑
31 Lithuania 29 -2 ↓
32 France 31 -1 ↓
33 Czech Republic 33 0 —

34 Japan 30 -4 ↓
35 Slovenia 37 2 ↑
36 Spain 36 0 —
37 Portugal 39 2 ↑
38 Chile 42 4 ↑
39 Poland 38 -1 ↓
40 Indonesia 32 -8 ↓
41 Latvia 40 -1 ↓
42 Kazakhstan 34 -8 ↓
43 India 43 0 —
44 Italy 44 0 —
45 Philippines 46 1 ↑
46 Turkey 51 5 ↑
47 Hungary 47 0 —
48 Bulgaria 48 0 —
49 Greece 58 9 ↑
50 Russia 45 -5 ↓
51 Romania 49 -2 ↓
52 Peru 55 3 ↑
53 Mexico 50 -3 ↓
54 Colombia 52 -2 ↓
55 Ukraine 54 -1 ↓
56 Brazil 59 3 ↑
57 Slovak Republic 53 -4 ↓
58 Jordan 57 -1 ↓
59 South Africa 56 -3 ↓
60 Croatia 60 0 —
61 Mongolia 62 1 ↑
62 Argentina 61 -1 ↓
63 Venezuela 63 0 ↑