Denmark, Ireland and Switzerland are the top three among 64 economies ranked by their global competitiveness in the 2023 IMD World Competitiveness Ranking, published in June by the World Competitiveness Center for the 35th consecutive year.

The countries are ranked and benchmarked across four key areas:

• Economic Performance
• Government Efficiency
• Business Efficiency
• Infrastructure

Denmark’s top position is based on its continuous achievements across all four competitiveness factors measured. It remains first in business efficiency and second in infrastructure, and shows slightly improved results in government efficiency, moving up to the fifth from the sixth position.

Ireland’s sharp rise is largely the result of its stellar performance in economic performance, where it rose from seventh to first position.

Switzerland retains third place thanks to its strong performance across all competitiveness factors measured. It remains first for government efficiency and infrastructure, ranks seventh in business efficiency (a decline from fourth), and improves in economic performance (up to 18th from 30th)

More information.