Hong Kong ranks fifth in list of world’s most competitive economies, climbing two spots over improved performance amid Covid pandemic


f82a4d40-c8c2-4978-986a-cf536c75ba66_16125a2f

Hong Kong has climbed two places this year to reclaim the fifth spot in an annual global ranking of the world’s most competitive countries and regions, on the back of improved economic performance amid the coronavirus pandemic.

Denmark came in at the top for the first time since 1989 in the IMD World Competitiveness Ranking based on its policies and a focus on sustainability, followed by Switzerland.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
SCMP , Hong Kong , Economics

Next In Aseanplus News

PM welcomes IMF's latest assessment of Malaysia’s economic performance
China’s jobless rate for young people eases to 16.9% as graduates settle for less
Singapore's AGC issues warning to WP leader Pritam Singh and Mediacorp for contempt of court
Collapse of eFishery haunts Indonesia’s startup scene
Paris court rejects French government request to suspend Shein's website for 3 months
Thailand's 2025: Border crisis and natural disasters test governance ahead of election
Govt urged not to slash allowance of medical officers transferred to Sabah, Sarawak
Rising and to rise even further - Vietnam's e-commerce market size estimated at a whopping US$31bil in 2025
Melaka police detain 15 foreigners over human trafficking
Laos and Cambodia launch second phase of cross-border QR code payments

Others Also Read