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IMD World Competitiveness Index 2026: India Climbs to 35th Position
The Institute for Management Development (IMD) released its annual World Competitiveness Ranking for 2026 on June 18, 2026. India has improved its position by four places, securing the 35th rank among the 67 economies evaluated. The report attributes India's rise to strong economic performance and improvements in business efficiency. Singapore maintained its position as the world's most competitive economy, followed by Switzerland and Denmark. The rankings are compiled based on an analysis of 336 specific criteria grouped into four broad factors: economic performance, government efficiency, business efficiency, and infrastructure. Key points:
Key points
- India secured the 35th rank in the 2026 IMD World Competitiveness Index, an improvement from its 39th position in 2025.
- The index is compiled by the Switzerland-based Institute for Management Development (IMD) and covered 67 economies this year.
- Singapore, Switzerland, and Denmark were ranked as the top three most competitive economies in the world.
- India's performance was particularly strong in the 'Economic Performance' and 'Business Efficiency' parameters.
- The report highlighted relative weaknesses for India in the 'Infrastructure' and 'Government Efficiency' pillars.
- The evaluation is based on a mix of hard statistical data (2/3) and survey responses from senior executives (1/3). Why it matters: The IMD Competitiveness Index is a key global benchmark for assessing national economic health and is frequently cited in questions related to economic development and governance (UPSC GS Paper 3).
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Posted 28 June 2026. More daily posts →