Statsguru: Indian ranks 44th in World Competitiveness Ranking 2018

On infrastructure, India moved up four spots in 2018

India has moved up to 44th position on the IMD’s World Competitiveness Ranking 2018, up one rank from last year. As seen in Chart 1, the US tops the latest ranking, followed by Hong Kong, Singapore, the Netherlands, and Switzerland. China ranks 13th on the list.

The IMD rankings are based on a country’s performance of four key pillars, namely economy, government efficiency, business efficiency, and infrastructure. Performance on these is, in turn, measured through other indicators.

On economic performance, which measures a country’s performance in the domestic economy, employment, prices, international trade and investment, the US tops the rankings,