IMD World Competitiveness Booklet 2023

SUB-FACTOR RANKINGS

ECONOMIC PERFORMANCE

GOVERNMENT EFFICIENCY

Domestic

Economy 50 53 59 49 62 23 31 10 07 28 14 23 31 27 26 51 08 38 44 03 29 07 07 39 42 58 63 64 64 02 47 51 25 41 16 55 22 61 43 11 22 50 05 22 14 48 58 28 53 18 03 39 06 29 34 34 47 36 57 07 46 16 44 47 22 49 48 47 37 13 25 37 24 23 37 13 10 15 19 49 61 36 35 42 32 37 52 20 30 47 21 27 08 32 58 12 19 19 10 53 45 24 52 61 44 56 05 03 45 64 36 18 33 18 20 39 55 51 13 35 06 35 30 51 48 28 49 34 31 12 01 30 02 16 45 07 40 23 28 59 15 28 16 58 50 27 57 12 05 57 63 43 62 63 24 59 46 43 36 54 11 42 32 04 41 33 15 58 25 05 57 41 49 50 38 53 25 50 33 30 32 12 57 12 55 16 14 29 21 01 41 54 27 08 29 64 61 54 59 04 19 03 13 11 61 43 62 53 20 23 17 11 21 17 46 54 59 42 26 19 30 60 46 09 39 40 21 41 14 17 42 26 39 38 33 26 04 45 01 08 35 44 56 56 21 02 06 17 48 09 10 02 04 02 51 52 38 63 54 31 38 09 55 40 15 60 56 40 62 06 31 13 11 55 36 20 33 14 46 40 08 20 09 34 56 09 45 37 35 10 44 29 22 03 27 24 17 48 52 43 04 01 26 06 25 International Trade International Investment

Employment Prices

Public Finance 61 58 63 63 56 19 25 18 14 18 39 62 25 33 13 38 01 35 13 42 35 59 08 10 08 17 15 44 42 60 64 44 62 62 61 47 21 55 60 55 24 20 12 16 15 15 28 30 28 50 27 22 36 39 31 52 45 57 56 63 41 50 49 52 30 34 16 51 26 25 20 35 15 19 11 05 53 02 02 01 14 39 17 05 23 18 56 03 08 03 57 64 27 27 22 23 60 21 25 12 60 52 48 41 43 08 03 11 01 28 53 30 46 35 38 26 33 22 20 02 43 32 31 44 52 21 09 39 46 44 07 18 09 03 09 28 31 26 37 36 63 61 42 40 32 62 38 28 38 26 42 23 45 34 51 16 06 52 29 34 40 26 33 53 33 12 05 38 54 54 37 41 37 43 35 30 34 32 32 27 11 43 14 12 07 33 10 29 45 39 44 46 59 61 58 56 29 61 59 49 10 63 04 04 10 22 27 23 15 14 01 48 06 24 04 32 24 54 48 59 55 14 56 57 53 51 47 53 55 45 49 54 47 30 24 02 02 13 21 37 46 37 50 36 48 03 11 19 18 46 09 12 07 06 20 54 49 40 47 40 50 51 41 49 19 59 19 58 58 62 58 57 43 51 29 13 55 05 11 06 04 13 01 07 05 06 07 10 22 17 25 08 34 31 47 36 36 60 50 57 31 04 16 09 16 45 42 24 17 21 48 17 20 23 41 29 40 64 64 64 Tax Policy Institutional Framework Business

Legislation

Societal

Framework

Argentina Australia Austria Bahrain Belgium Botswana

Brazil

Bulgaria Canada

Chile China

Colombia

Croatia Cyprus

Czech Republic

Denmark

Estonia Finland France

Germany

Greece

Hong Kong SAR

Hungary Iceland

India

Indonesia

Ireland

Israel

Italy

Japan Jordan

Kazakhstan Korea Rep.

Kuwait Latvia

Lithuania

Luxembourg

Malaysia

Mexico

Mongolia

Netherlands New Zealand

Norway

Peru

Philippines

Poland

Portugal

Qatar

Romania

Saudi Arabia

Singapore

Slovak Republic

Slovenia

South Africa

Spain

Sweden

Switzerland Taiwan, China

Thailand

Turkey

UAE

52 Rankings in a Nutshell United Kingdom 18 34 18 24 63 USA 05 32 01 15 60 Venezuela 62 64 60 60 52