Key Facts
—The ranking. Chile is Latin America’s highest-placed economy at 43rd in the 2026 IMD list.
—The field. Argentina followed at 58th, Colombia at 59th and Peru at 60th.
—The laggard. Mexico trailed its regional peers, weighed down by weaker governance.
—The shift. The report says credible institutions now drive competitiveness more than cost or scale.










