World Competitiveness Index 2021

World Competitiveness Index 2021 : Switzerland ranks top and list of top 20 countries

In the World Competitiveness Index 2021, Switzerland has acquired first place while Sweden is second.

  • India has maintained its 43rd rank on the index.
  • World Competitiveness Rankings List comprises a total of 64 nations.
  • Innovation, digitalization, welfare benefits, and social cohesion were key to economic performance in the 2021 rankings.

The countries were ranked on the basis of four key factors:

  • Economic Performance
  • Government Efficiency
  • Business Efficiency
  • Infrastructure

The top-performing Asian economies :

  • Singapore (fifth)
  • Hong Kong (seventh)
  • Taiwan (eighth)
  • China (16th)
Also read : Global Peace Index 2021

Among the BRICS nations, India is ranked second after China.

  • China (16)
  • Russia (45th)
  • Brazil (57th)
  • South Africa (62th)
  • India ( 43 )

Top 20 Countries :

2021 RankingCountry2020 Ranking
1Switzerland3
2Sweden6
3Denmark2
4Netherlands4
5Singapore1
6Norway7
7Hong Kong SAR5
8Taiwan, China11
9UAE9
10USA10
11Finland13
12Luxembourg15
13Ireland12
14Canada8
15Germany17
16China20
17Qatar14
18United Kingdom19
19Austria16
20New Zealand
World Competitiveness Index 2021

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