IMD World Competitiveness Booklet 2020

Sub-factor Rankings

Economic Performance

Government Efficiency

Business Efficiency

Domestic Economy 62 46 56

International Trade

International Investment Employment Prices

Public Finance 62 49

Tax Policy

Institutional Framework

Business Legislation 62 50

Societal Framework 60

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Argentina Australia

53 21 32 44 56 23 28 48 13 58 49 34 27 36 43 55 57 25 20 18 45 11 17 38 59 63 33 12 52 46 4 6 2 29 24 22 26 35 40 41 47 15 50 37 62 54 39 30 31 10 61 51 19 14 42 1 7 5 9 16 8 60 3

55 34 20 33 38

63 20 17 26 60 43 10 19 36 54 52 37 31 25 18 49 11 41 23 45 44 13 27 42 21 47 50 29 30 33 32 56 58 46 48 39 35 14 51 59 28 55 34 53 38 12 40 57 15 61 16 22 62 1 24 6 9 4 8 3 7 5 2

41 18 21 36 47 57

62 11 20 15 35 54 26 28 57 58 31 41 6 14 17 50 49 32 30 38 23 29 42 18 55 47 34 51 48 13 33 52 61 22 12 53 37 43 44 21 59 45 25 10 56 36 40 27 16 24 46 19 60 2 4 7 1 8 39 5

55 35

62 23 35 40 47 45 12 39 11 55 63 36 42 26 18 61 43 48 3 16 53 56 31 29 15 38 22 21 30 50 44 19 14 37 33 49 24 54 58 13 60 46 57 51 17 10 20 32 41 34 28 52 9 7 6 4 2 5 59 8 25 27 1

27 16 26 44 46 21 50 42 57 53 28 15 37 31 14 58 49 18 55 17 23 61 41 11 51 40 13 29 47 59 12 39 54 30 22 48 32 36 33 43 45 60 34 20 10 38 56 25 52 2 6 1 24 35 9 8 5 7 4

45 20 11 59 29 49 62 38 55 19 53 23 24 33 34 28 12 57 35 50 18 36 25 39 42 60 41 37 8 26 3 43 51 56 48 16 31 54 44 47 40 30 10 52 22 15 13 27 1 7 6 9 58 61 2

13 19 24 28 50

14 24 52 63 21 20 10 30 43 45 32 31 25 22 50 19 58 44 18 51 33 16 38 60 61 48 23 27 26 29 35 47 42 4 3 7 28 37 40 46 49 34 15 53 39 59 54 12 11 17 41 56 36 55 57 9 6 2 5 8 13 1

26 61 62 38 24 17 31 47 37 55 13 48 40 30 54 63 58 60 45 34 32 20 21 59 41 25 16 19 44 39 43 29 33 50 22 42 28 14 52 53 2 6 9

11 20 26 59 52 17 13 41 51 61 19 48 15 16 29 23 34 43 21 47 50 31 45 35 39 28 46 32 30 49 58 56 14 38 57 44 22 24 40 54 25 60 36 55 42 12 27 33 37 53 10 18 63 2 1 5 9 4 8 3 7 6

12

27 10 16 61 46 19 52 23 54 57 37 25 28 14 24 18 42 51 17 39 47 31 34 55 50 40 38 43 21 15 32 48 62 56 45 26 44 11 29 58 22 36 33 59 30 13 41 35 12 53 20 1 6 2 7 49 3 9 4 8

Austria Belgium

7

9

13 62 45 10 49 30 61 48 19 28 21 14 35 27 43 56 42 16 26 44 29 51 38 31 33 36 11 39 47 41 52 53 32 22 34 54 57 55 18 46 25 59 24 15 40 58 17 60 23 37 63 6 8 9 1 3 5 4 20 2

26 39 54 45 20 30 63 40 44 18 11 47 32 53 49 22 13 33 48 62 38 19 36 34 28 23 50 58 15 24 46 29 41 52 10 56 61 43 14 59 31 57 51 21 27 12 42 25 17 37 7 1 3 60 2 8 5 4 16 6

Brazil

Bulgaria Canada

8 9

8

5

Chile China

21

17 56

29

6

6

Colombia

37 41

3

40 63 24 48 37 26 53 20 55 61 33 12 34 58 45 60 32 28 43 30 17 23 22 50 39 19 42 10 46 44 11 59 51 14 62 52 49 54 16 13 25 15 35 38 27 31 56 8 7 4 9 2 3 1

Croatia Cyprus

25

2

4

Czech Republic

33 23 39 45 11

29 41 23 37 54 39 32 62 19 60 51 15 42 53 47 59 35 16 48 22 12 45 46 24 43 31 44 13 30 21 52 10 58 27 11 26 40 57 14 28 36 50 61 49 63 1 18 7 2 5 6

Denmark

Estonia Finland France

Germany

7

Greece

49

Hong Kong SAR

4

Hungary

40 57 31 38 51 25 15 61 48 30 62 55 10 36 32 54 46 20 47 43 53 34 35 60 27 22 63 58 44 14 16 18 26 29 42 17 59 12 9 5 3

Iceland

India

Indonesia

Ireland

Israel

Italy

Japan

Jordan

Kazakhstan Korea Rep.

Latvia

Lithuania

Luxembourg

Malaysia Mexico Mongolia

Netherlands New Zealand

Norway

Peru

Philippines

Poland

Portugal

Qatar

1

Romania

35 18

Russia

Saudi Arabia

7

Singapore

10 51 57 11 46 56

Slovak Republic

Slovenia

South Africa

Spain

Sweden

Switzerland

8 4 5

Taiwan, China

Thailand Turkey

5

14

36

UAE

4

3

Ukraine

21 17 32 63

23 27 12 15

United Kingdom 19

9 3

USA

3

1

5

Venezuela

63

52

63

63

50

IMD WORLD COMPETITIVENESS BOOKLET 2020