India ranked 41st in the World Competitiveness Ranking 2025

According to the latest World Competitiveness Ranking (WCR) of the International Institute for Management Development, IMD, developed economies are grappling with increasing challenges, while many emerging markets have succeeded in advancing by adopting strategic reforms.

• In the latest World Competitiveness Ranking (WCR) of the International Institute for Management Development, IMD, Switzerland scored 100 points, thereby retaining its position as the most competitive economy in the world.

India’s ranking in 2025

• India ranks 41st among 69 countries, two places lower than its 39th position in 2024. In economic performance, India is ranked 27th, down from 20th the previous year. In government and business efficiency, India remains unchanged at 45th and 25th respectively.

Top 10 economies in the World Competitiveness Ranking (WCR) 2025

• Switzerland: remains first with 100 points.
• Singapore: second with 99.44 points.
• Hong Kong: third with 99.22 points.
• Denmark: fourth with 97.51 points.
• UAE: fifth with 96.09 points.
• Taiwan (Chinese Taipei): sixth with 93.71 points.
• Ireland: seventh with 91.31 points.
• Sweden: eighth with 90.2 points.
• Qatar: ninth with 89.93 points.
• Netherlands: tenth with 89.75 points.
• In 2025, three new economies joined: Kenya, Namibia, and Oman.

IMD World Competitiveness Ranking (WCR)

• It is a comprehensive annual report that serves as a reference point for governments and the private sector. The report states that the competitiveness of an economy can be assessed not only by gross domestic product (GDP) but also by looking at the complex matrix of political, social, and cultural dimensions.
• According to the report, all criteria are divided into four factors: economic performance, government efficiency, business efficiency, and infrastructure.

History of IMD

• It was established in 1990 through the merger of two Swiss business schools; these schools were the International Management Institute (IMI) in Geneva, founded in 1946 by Alcan, and IMEDE (Institut pour l’Etude des Méthodes de Direction de l’Entreprise) in Lausanne, founded in 1957 by Nestlé.
• Its campuses are located in Lausanne, Switzerland, Singapore, and Shenzhen, China.