Revealed: Most Competitive Economies In The World, 2018

The United States was named the most competitive economy in the world, according to the WEF, with Singapore assuming the number 2 slot and Germany coming in as the third most competitive economy. Switzerland was No. 1 last year.

U-S-A! U-S-A!

Switzerland, Japan, Netherlands, and Hong Kong ranked 4th, 5th, 6th, and 7th respectively. The U.K. was named the eighth most competitive economy in the world.

The WEF ranks 140 countries according to 12 pillars or factors that measure economic readiness. Each nation is rated on a scale of 1 to 100.

Top 10 Most Competitive Economies In The World, 2018

1. United States
2. Singapore
3. Germany
4. Switzerland
5. Japan
6. Netherlands
7. Hong Kong
8. United Kingdom
9. Sweden
10. Denmark

Top 10 Most Competitive Economies In Europe, 2018

1. Germany (Global Rank: 3)
2. Switzerland (Global Rank: 4)
3. Netherlands (Global Rank: 6)
4. United Kingdom (Global Rank: 8)
5. Sweden (Global Rank: 9)
6. Denmark (Global Rank: 10)
7. Finland (Global Rank: 11)
8. Norway (Global Rank: 16)
9. France (Global Rank: 17)
10. Luxembourg (Global Rank: 19)

Most Competitive Economies In Indo-Pacific Region, 2018

1. United States (Global Rank: 1)
2. Singapore (Global Rank: 2)
3. Japan (Global Rank: 5)
4. Australia (Global Rank: 14)
5. Malaysia (Global Rank: 25)
6. Thailand (Global Rank: 38)
7. Indonesia (Global Rank: 45)
8. Philippines (Global Rank: 56)
9. India (Global Rank: 58)
10. Brunei (Global Rank: 62)
11. Vietnam (Global Rank: 77)
12. Cambodia (Global Rank: 110)
13. Laos (Global Rank: 112)

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Jessica Todd Swift

Deputy Managing Editor at CEOWORLD Magazine

Jessica Todd Swift is the deputy managing editor of the CEOWORLD magazine. She is a veteran business and tech blogger, journalist, and analyst. Jessica is responsible for overseeing newsroom assignments and publishing and providing support to the editor in chief.

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