Singapore stays third as US tops ranking of competitiveness
The latest world ranking by Swiss business school 1MD has confirmed that Singapore is the third place for most competitiveness economies. The first place went to United States while Hong Kong dropped to the second place.
| Ranking | 2018 | 2017 |
|---|---|---|
| 1 | United States | Hong Kong |
| 2 | Hong Kong | Switzerland |
| 3 | Singapore | Singapore |
| 4 | Netherlands | United States |
| 5 | Switzerland | Netherlands |
| 6 | Denmark | Ireland |
| 7 | UAE | Denmark |
| 8 | Norway | Luxembourg |
| 9 | Sweden | Sweden |
| 10 | Canada | UAE |
| Source: IMD World Competitiveness Rankings | ||
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