Hong Kong SAR ranked as the most competitive economy according to the 2017 IMD World Competitiveness Ranking, followed by Switzerland and Singapore. The United States ranked fourth. The ranking evaluates the competitiveness of 63 economies based on 333 criteria grouped into four factors - economic performance, government efficiency, business efficiency, and infrastructure. It shows the competitiveness scores and rankings for 2017 alongside the 2016 rankings in parentheses.

1. The 2017 IMD World
Competitiveness Ranking
(2016 rankings are in parentheses)
COMPETITIVENESS RANKING (Ranks 1 - 30)
(1) Hong Kong SAR 1
(2) Switzerland 2
(4) Singapore 3
(3) USA 4
(8) Netherlands 5
(7) Ireland 6
(6) Denmark 7
(11) Luxembourg 8
(5) Sweden 9
(15) UAE 10
(9) Norway 11
(10) Canada 12
(12) Germany 13
(14) Taiwan 14
(20) Finland 15
(16) New Zealand 16
(13) Qatar 17
(25) China Mainland 18
(18) United Kingdom 19
(23) Iceland 20
(17) Australia 21
(21) Israel 22
(22) Belgium 23
(19) Malaysia 24
(24) Austria 25
(26) Japan 26
(28) Thailand 27
(27) Czech Republic 28
(29) Korea Rep. 29
(31) Estonia 30
100.000
99.664
99.488
98.656
96.548
95.794
95.558
95.059
94.961
94.084
93.071
92.251
91.585
90.482
88.891
88.668
88.103
87.758
86.776
86.398
85.245
85.096
83.905
83.530
83.326
82.267
80.095
78.958
78.649
77.759
0 10 20 30 40 50 60 70 80 90 100

2. (2016 rankings are in parentheses)
COMPETITIVENESS RANKING (Ranks 31 - 63)
(32) France 31
(47) Kazakhstan 32
(30) Lithuania 33
(34) Spain 34
(36) Chile 35
() Saudi Arabia 36
() Cyprus 37
(33) Poland 38
(39) Portugal 39
(37) Latvia 40
(42) Philippines 41
(48) Indonesia 42
(43) Slovenia 43
(35) Italy 44
(41) India 45
(44) Russia 46
(38) Turkey 47
(45) Mexico 48
(50) Bulgaria 49
(49) Romania 50
(40) Slovak Republic 51
(46) Hungary 52
(52) South Africa 53
(51) Colombia 54
(54) Peru 55
(53) Jordan 56
(56) Greece 57
(55) Argentina 58
(58) Croatia 59
(59) Ukraine 60
(57) Brazil 61
(60) Mongolia 62
(61) Venezuela 63
77.677
76.339
75.615
74.838
74.482
74.333
73.765
73.721
72.169
71.846
71.798
71.116
70.749
70.539
69.701
68.852
68.180
67.300
65.733
64.744
64.727
64.420
62.315
61.786
60.982
57.960
57.764
57.647
56.519
56.126
55.820
48.136
32.742
0 10 20 30 40 50 60 70 80 90 100
The IMD World Competitiveness Ranking
presents the 2017 overall ranking for the
63 economies covered by the WCY. The
economies are ranked from the most to the
least competitive and the results from the
previous year’s ranking (2016) are shown in
brackets. The Scores shown to the left are
actually indices (0 to 100) generated for the
unique purpose of constructing charts and
graphics.