Singapore has been ranked the world’s most competitive economy by IMD

For the second year in a row, Singapore has been ranked the world’s most competitive economy according to the International Institute for Management Development (IMD) World Competitiveness Rankings.

IMD’s report looks into countries’ competitiveness, or the ability to compete and sustain long-term economic growth for the well-being of its citizens. For this year, the rankings were derived from a combination of statistics for 2019 and survey data from February to April this year.

Read more:

https://www.imd.org/wcc/world-competitiveness-center/

https://www.imd.org/news/updates/IMD-2020-World-Competitiveness-Ranking-revealed/