Hong Kong rises to World’s No.3 most competitive economy

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Media Outreach
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HONG KONG SAR – Media OutReach Newswire – 19 June 2025 – Hong Kong has moved up two places to rank as the world’s third most competitive economy, marking the second successive year that the city has jumped two places in the global rankings to reach its highest position since 2019.

The World Competitiveness Yearbook 2025 (WCY 2025), published (June 17) by the Swiss-based International Institute for Management Development (IMD), assessed 69 economies around the world. Hong Kong made gains in all the factors of competitiveness: “Government efficiency” (second), “Business efficiency” (second) “Economic performance” (sixth), and “Infrastructure” (seventh). The IMD remarked that the gains across all four factors of competitiveness reflect a broad-based approach of Hong Kong to attracting private sector investment.

“The World Competitiveness Yearbook shows that Hong Kong’s scores in overall terms and in many areas have improved, indicating that the Hong Kong Special Administrative Region (HKSAR) Government’s policy directions are on the right course and that various policies have yielded results,” said the HKSAR’s Chief Executive John Lee.

Hong Kong has ranked among the top 10 in the world for over 20 consecutive years, since the WCY 2003.

Hong Kong is one of the world’s top three ranked global financial centres

Hashtag: #hongkong #brandhongkong #asiasworldcity #excellenthk #IMD #WorldCompetitiveness2025





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