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Singapore Reclaims Top Spot in IMD Global Competitiveness Ranking

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Singapore has reclaimed the top spot in IMD business school's annual world competitiveness ranking, surpassing Switzerland, according to a report released on Thursday.

The city-state displaced Switzerland from the top, based on its economic performance, business, government efficiency and infrastructure.

Switzerland's descent to number three was largely due to weaker economic performance, driven by high U.S. tariffs and lower foreign direct investment in 2025, according to IMD professor, Arturo Bris, as cited by the Reuters in a report on Thursday.

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