Why did Hong Kong maintain its second-place ranking?

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Hong Kong maintained its second-place ranking in the 2026 IMD World Competitiveness Ranking due to sustained performance across four competitiveness factors.

Hong Kong held second place in the 2026 IMD World Competitiveness Ranking, coming directly after Singapore and ahead of Switzerland. IMD said Hong Kong’s standing reflects continued strength across four measured areas: government efficiency, infrastructure, economic performance, and business efficiency.
Hong Kong’s second place was tied to four competitiveness factors
IMD’s 2026 ranking framework evaluates economies using four competitiveness factors, and Hong Kong’s result was described as sustained across all of them. Those factors are government efficiency, infrastructure, economic performance, and business efficiency.
Government efficiency and infrastructure remained consistently strong
Hong Kong’s performance was characterised as continuing across government efficiency and infrastructure as part of the four-factor assessment. This sustained coverage is what IMD linked to Hong Kong maintaining its position rather than slipping.
Economic performance and business efficiency also stayed in line
IMD also pointed to ongoing strength in economic performance and business efficiency when explaining Hong Kong’s rise or maintenance. With all four factors described as sustained, Hong Kong retained second place in the 2026 ranking.
The ranking used both survey data and economic indicators
IMD’s report said its results draw on hard economic data and a survey of 6,900 global senior executives. That mix of inputs fed into the ranking outcomes, including Hong Kong’s second-place position.

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Why did Hong Kong maintain its second-place ranking?

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