Denmark leads this year’s competitiveness rankings compiled by the Swiss IMD institute. Switzerland came down from the first position, ending in second this year. Czechia also scored in the evaluation, advancing by eight places to 26th place, which is its best position in this classification so far.
Of the Visegrad Group countries (V4), Czechia remains the most competitive economy, ahead of Hungary (39th), Slovakia (49th), and Poland (50th). Czechia also surpassed its current best position in the ranking from 2016, when it placed 27th, said Kryštof Kruliš, Chairman of the Board of the Czech Consumer Forum. The Consumer Forum collects data for Czechia for the ranking.