Hong Kong came in second and Taiwan was fourth in IMD’s World Competitiveness Rankings this year. SINGAPORE: Singapore climbed back to the top of IMD’s World Competitiveness Rankings this year, after slipping to second in 2025. Released on Thursday (Jun 18), the rankings evaluated 70 economies for competitiveness, looking at four key areas - economic performance, government efficiency, business efficiency and infrastructure. This year’s results found that strong institutions and the ability to