Luxembourg ranks 11th in IMD World Competitiveness Yearbook 2011

30 March, 2012

The Swiss IMD Institute has released the 2011 edition of its annual report on competitiveness, the World Competitiveness Yearbook (WCY). In this new edition, 59 countries are analyzed along 300 criteria. These criteria are both quantitative and qualitative and gathered from an opinion survey from various business decision makers. Analysis of the WCY is based on four main criteria: economic performance, government efficiency, environmental performance and infrastructure. In Luxembourg, the IMD survey is coordinated by the Chamber of Commerce.

The 2011 ranking is led by Hong Kong, followed by the United States and Singapore. Luxembourg occupies position 11 in the overall ranking of the 59 countries analyzed. Luxembourg holds as such the same ranking as in the previous report.

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