HONG KONG SAR - Media OutReach Newswire - 18 June 2026 - Hong Kong jumped one place to become the world’s second most competitive economy, according to the 2026 World Competitiveness Ranking published today (June 18) by the Swiss-based International Institute for Management

City trails first-place Singapore out of 70 economies surveyed by Switzerland-based International Institute for Management Development.

Hong Kong came in second and Taiwan was fourth in IMD’s World Competitiveness Rankings this year.