Global Competitiveness Index 2023

Global Competitiveness Index 2023

Category : International Published on: June 27 2023

Share on facebook

The 2023 Global Competitiveness Index, published by the International Institute for Management Development (IMD), has named Denmark, Ireland, and Switzerland as the top three most competitive economies among 64 nations surveyed.
The report highlights the unique approaches taken by these countries to achieve competitiveness and emphasizes the importance of long-term value creation.
Retaining its first-place position from last year, Denmark continues to demonstrate exceptional competitiveness. The country’s efficient utilization of markets and trading partners contributes to its success.
India, despite experiencing a slight drop of three ranks, finishes in 40th place in the 2023 Global Competitiveness Index, indicating an improvement compared to its consistent 43rd position between 2019 and 2021.
The IMD report highlights several areas of advancement and challenges faced by India in its pursuit of competitiveness.

Recent Post's

The Ministry of Ayush will organise the National Arogya Fair 2026 in Shegaon, Maharashtra, providing free consultations, check-ups, and medicines under traditional healthcare systems.
Read More....
The NGT has directed Uttar Pradesh to restore Suav’s classification from a drain to a river, amend records, and monitor floodplains and water quality.
Read More....
Goa will host the 4th World Ocean Science Congress 2026, focusing on ocean health, climate resilience, and the blue economy.
Read More....
India has launched “Prahaar,” its first comprehensive counter-terrorism policy addressing cross-border, cyber, and emerging technology threats.
Read More....
Netherlands will swear in 38-year-old Rob Jetten as its youngest and first openly gay prime minister.
Read More....
India will observe Central Excise Day 2026 on 24 February to honour the enactment of the Central Excise Act, 1944.
Read More....
The statue of Edwin Lutyens at Rashtrapati Bhavan will be replaced with that of C. Rajagopalachari.
Read More....
Punjab has launched the ‘Meri Rasoi’ scheme to provide free food kits to nearly 40 lakh economically weaker families.
Read More....
PhonePe introduces AI-powered natural language search for voice- and text-based transactions, enhancing convenience and personalization.
Read More....
Switzerland will host the AI Summit 2027 in Geneva, providing a neutral hub for global AI discussions and cooperation.
Read More....