UPSC Prelims 2000·GS1·economy·economic sectors and development

Which one of the following countries occupies the first place in the “Global Competitive Report” of World Economic Forum?

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Last updated 23 May 2026, 3:31 pm IST
  1. AUSA
  2. BSingaporeCorrect
  3. CHong Kong
  4. DFrance

Explanation

Singapore is the correct answer based on the 2019 Global Competitiveness Report published by the World Economic Forum. In this edition, Singapore overtook the United States to become the worlds most competitive economy. The report evaluated countries across various pillars including infrastructure, health, labor market, and financial systems, where Singapore scored high due to its advanced physical and digital infrastructure and efficient labor market. While the report has transitioned into different formats and themes since the pandemic, Singapore remains the last country to hold the top spot in the traditional annual ranking format.
economy: Which one of the following countries occupies the first place in the “Global Competitive Report” of World Economic Forum

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