Singapore stays third as US tops ranking of competitiveness

Merlion - Photo by Fancycrave on Unsplash

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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Photo by Fancycrave on Unsplash