Portugal is more competitive than Spain

by Andrea
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Portugal is more competitive than Spain

IMD 2025 worldwide competitiveness ranking puts Switzerland on top, which takes Singapore from leadership. Portugal is in 37th place.

A Switzerland surpassed Singapore and became the most competitive country in the worldaccording to the worldwide ranking of IMD – International Institute for Management Development.

Last year, Switzerland was in 2nd place but now returns to the lead, where he was in 2021. Singapore descends to 2nd, while Hong Kong jumps two positions and is in 3rd place. Denmark leaves the podium, moving to 4th position.

These are countries that, justifies the rankingstand out for their Institutional stability, capacity for innovation and economic dynamism.

Portugal He went down a step. It is now in 37th place But it is still ahead of neighboring Spain (39) or Italy (43), among many other countries.

Portugal stands out in infrastructure e governing efficiency, despite business and economic challenges.

The best parameter in Portugal is the “Infrastructure”. Follow, in this order, the “Governing efficiency”, “business efficiency” e “Economic performance”.

The main factors that make Portugal attractive to investment and economic activity are: availability of qualified labor, infrastructure reliability, competitive costs and high educational level of the population. Fiscal policy is the least attractive factor.

Portugal has 5 challenges Strategic for the coming years: diversifying economy, reinforcing education and qualification in critical areas (management, digital technologies and green transition), reforming public services, reversing demographic trend and reviewing bankruptcy laws and business restructuring.

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