Denmark
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IMD World Competitiveness Ranking 2022: Top 5 Denmark, Switzerland, Singapore, Sweden & Hong Kong

9th July 2022 | Hong Kong

IMD has released the World Competitiveness Ranking for 2022, reviewing performance of 63 economies in the world with the top 5 most competitive countries being: #1 Denmark, #2 Switzerland, #3 Singapore, #4 Sweden & #5 Hong Kong.  Denmark is ranked #1, the most competitive country in 2022 (GDP of $397 billion,  population of 5.84 billion).  The world largest economy United States ($21 trillion GDP) is ranked #10, 2nd largest economy China ($14 trillion GDP) is ranked #17 and the 3rd largest economy Japan ($5 trillion GDP) is ranked #34.  5 countries / economies in Asia-Pacific are in the Top 20: Singapore (3rd), Hong Kong SAR (5th), Taiwan, China (7th), China (17th), Australia (19th).  The ranking reviewed 63 economies in the world, excluding Russia and Ukraine due to limited reliability of data collected.  The data were grouped into 4 factors for the ranking: Economic Performance, Government Efficiency, Business Efficiency, Infrastructure).  View 2022 Ranking, Hong Kong & Singapore profile below | View Full Report here

“ IMD World Competitiveness Ranking 2022: Top 5 Denmark, Switzerland, Singapore, Sweden & Hong Kong “

 


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IMD World Competitiveness Ranking 2022

Denmark

Key Findings:

  • Top 5: Denmark, Switzerland, Singapore, Sweden & Hong Kong
  • Denmark: Most competitive country (GDP of $397 billion, population of 5.84 billion) 
  • APAC in Top 20: Singapore (3rd), Hong Kong SAR (5th), Taiwan, China (7th), China (17th), Australia (19th)
  • Largest economy United States ($21 trillion GDP): Ranked #10
  • 2nd largest economy China ($14 trillion GDP): Ranked #17
  • 3rd largest economy Japan ($5 trillion GDP): Ranked #34
  • 4 Factors for Ranking: Economic Performance, Government Efficiency, Business Efficiency, Infrastructure

 

IMD World Competitiveness Ranking 2022, 63 Economies / Countries:

Country 2021 2022
1
Denmark
3
1
2
Switzerland
1
2
3
Singapore
5
3
4
Sweden
2
4
5
Hong Kong SAR
7
5
6
Netherlands
4
6
7
Taiwan, China
8
7
8
Finland
11
8
9
Norway
6
9
10
USA
10
10
11
Ireland
13
11
12
UAE
9
12
13
Luxembourg
12
13
14
Canada
14
14
15
Germany
15
15
16
Iceland
21
16
17
China
16
17
18
Qatar
17
18
19
Australia
22
19
20
Austria
19
20
21
Belgium
24
21
22
Estonia
26
22
23
United Kingdom
18
23
24
Saudi Arabia
32
24
25
Israel
27
25
26
Czech Republic
34
26
27
Korea Rep.
23
27
28
France
29
28
29
Lithuania
30
29
30
Bahrain
30
31
New Zealand
20
31
32
Malaysia
25
32
33
Thailand
28
33
34
Japan
31
34
35
Latvia
38
35
36
Spain
39
36
37
India
43
37
38
Slovenia
40
38
39
Hungary
42
39
40
Cyprus
33
40
41
Italy
41
41
42
Portugal
36
42
43
Kazakhstan
35
43
44
Indonesia
37
44
45
Chile
44
45
46
Croatia
59
46
47
Greece
46
47
48
Philippines
52
48
49
Slovak Republic
50
49
50
Poland
47
50
51
Romania
48
51
52
Turkey
51
52
53
Bulgaria
53
53
54
Peru
58
54
55
Mexico
55
55
56
Jordan
49
56
57
Colombia
56
57
58
Botswana
61
58
59
Brazil
57
59
60
South Africa
62
60
61
Mongolia
60
61
62
Argentina
63
62
63
Venezuela
64
63

 

Denmark Profile

IMD World Competitiveness Ranking 2022 – Denmark

 

Hong Kong Profile

IMD World Competitiveness Ranking 2022 – Hong Kong SAR

 

Singapore Profile

IMD World Competitiveness Ranking 2022 – Singapore

 

 




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