EFW 2023 Annual Report: Singapore tops the list and India at 87th position
International
India fell 3 places to 40th, but is still in a better position than between 2019-2021, when it was ranked 43rd for three consecutive years. Based on the IMD report, the country improved government efficiency but performed slightly worse than other countries in business efficiency, infrastructure and economic performance. Specifically, the top three measures that helped India score its score are exchange rate stability, compensation levels and improvement in pollution controls. Singapore falls one place to 4th in 2023 Global Competitiveness Index, India to 40th
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