Singapore falls one spot to 4th in the 2023 global competitiveness index, and India ranks 40th
Singapore falls one spot to 4th in 2023 global competitiveness index
Ireland and Switzerland took the top three places.
India fell 3 ranks to finish at 40th but is still in a better position. Before it was between 2019-2021 when it was placed 43rd three years in a row.
Europe shined in the ranking 2022 with five economies in the top 10.