Overlooking the Hong Kong skyline and Victoria Harbour

Published on 31.05.2012

IMD announces its 2012 World Competitiveness Rankings

According to IMD's 2012 World Competitiveness Yearbook the top 3 countries are Hong Kong, US and Switzerland. US competitiveness remains the key to global recovery.

IMD today announced the findings of its annual World Competitiveness Yearbook (WCY). The WCY rankings measure how well countries manage their economic and human resources to increase their prosperity.

The most competitive of the 59 ranked economies in 2012 are Hong Kong, the US and Switzerland (see overall rankings table below). Despite all its setbacks, the US remains at the center of world competitiveness because of its unique economic power, the dynamism of its enterprises and its capacity for innovation.

Full press release at IMD.org