How did Hong Kong sustain its competitiveness across four factors?

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Hong Kong’s rise in the 2026 IMD ranking was tied to sustained performance across four measured factors.

Hong Kong’s climb to second place in the 2026 IMD World Competitiveness Ranking was linked to sustained performance in government efficiency, infrastructure, economic performance, and business efficiency. The ranking covered 70 economies, with Singapore first and Switzerland third, and the report did not break down the specific drivers behind Hong Kong’s performance in each area.
The ranking credited Hong Kong across four competitiveness factors.

The four factors named were government efficiency, infrastructure, economic performance, and business efficiency. The report described Hong Kong’s rise as a reflection of sustained performance across those measures, rather than a single standout area.
No specific policy or programme was identified for Hong Kong’s result.

The available details did not explain which policies, investments, or market conditions supported Hong Kong’s position in each factor. It only stated that the city’s rise reflected sustained performance across the four areas measured by IMD.
The 2026 ranking placed Hong Kong behind Singapore and ahead of Switzerland.

Singapore reclaimed first place after slipping to second last year, while Hong Kong ranked second and Switzerland third. The assessment came from IMD’s annual report released on Thursday and covered 70 economies.
The wider report highlighted global uncertainty and business confidence.

IMD also said Switzerland’s sharp fall in economic performance was driven by a severe deterioration in direct investment flows. World Competitiveness Centre director Arturo Bris said geopolitical conditions are worsening and global fragmentation is increasing, while the report drew on a survey of 6,900 global senior executives alongside hard economic data.

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How did Hong Kong sustain its competitiveness across four factors?

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