Ministry of Trade and Industry
Singapore Government
           Contact Info   Feedback   Sitemap 
 
Growing Our Economy
>> Economic Data
>> Economic Review Committee
>> Economic Development
>> Economic Management
 
Print Friendly
Growing Our Economy

Competitiveness of the Economy

Maintaining international competitiveness is a fundamental tenet of Singapore's economic philosophy and Singapore has constantly ranked high against the world's most competitive nations.

Singapore is ranked the most competitive economy by the World Competitiveness Yearbook 2010 and the third most competitive economy by the Global Competitiveness Report 2009-2010.




Most competitive economy in the World Competitiveness Yearbook 2010


The World Competitiveness Yearbook 2010, published by the International Institute for Management Development (IMD), ranks Singapore as the  most competitive economy in the world. The competitiveness ranking is based on four categories measuring economic performance, government efficiency, business efficiency and infrastructure.




Third most competitive economy in the Global Competitiveness Report 2009-2010


The Global Competitiveness Report 2009-2010 by the World Economic Forum (WEF) ranks Singapore third in its Global Competitiveness Index (GCI).
 

Last updated on 24/06/2010 17:23:01