Showing posts with the label World Economy ranking

Singapore tops the list in World Competitive Ranking 2020

Singapore tops the list in World Competitive Ranking 2020 The International Institute for Management Development(IMD), Switzerland operates a Business Education School and publishes about the World Competitiveness Ranking based on Economy globally. The Ranking list would be published every year by the IMD and currently the Ranking for the year 2020 was released. Singapore retained it's last year ranking and Ranked as No.1 for the current year 2020. In 2019, Hong Kong and USA were stood at 2nd and 3rd position respectively. The Ranking would be decide and based on Four Parameters - Economic Performance, Government Efficiency, Business Efficiency and Infrastructure. For the 2020, Denmark is in Second rank and Switzerland at third globally. Netherlands and Hong Kong were at Fourth and Fifth Ranking respectively. Sweden was moved to 6th Position. Norway, Canada and UAE were the 7, 8 and 9th Place. It is worth noting that the USA, which ranks third in the World Competitiveness Ranking 2