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Ireland’s competitiveness ranking as benchmarked by the IMD has improved

Welcome improvement in Competitiveness Rank but Challenges Remain

  • Ireland’s competitiveness ranking as benchmarked by the IMD has improved from 7th to 6th most competitive economy in the world. Ireland is the 2nd most competitive economy in the Euro area.
  • This is Ireland’s strongest performance since 2000. Over the last 5 years Ireland has had significant improvements in the 4 rankings related to economic performance, business efficiency, government efficiency and infrastructure
  • The IMD Report underlines the importance of maintaining competitiveness in the context of intense competition internationally for exports, mobile investment and talent. It is also a timely reminder about the need to implement continuously policies to improve our performance further in light of significant challenges such as Brexit, exchange rate movements and uncertain global growth.

Download Competitiveness Ranking, Competitiveness Bulletin 17-4 [pdf 226kB]

Source: IMD Competitiveness Ranking, Competitiveness Bulletin 17-4

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