IMD Competitiveness Ranking: Austria Edged Up to Rank 24

Lifestyle & TravelPersonal Real Estate ♦ Published: May 31, 2016; 18:30 ♦ (Vindobona)

According to the latest issue of the competitiveness ranking established by Swiss research facility Instituts für Management-Entwicklung (IMD), Austria edged up from rank 26 to 24 y/y in 2015.

IMD Ranking: Austria edged up to rank 24 / Picture: © Flickr / IMD Business School

In 2007 Austria was 11th. Meanwhile Hong Kong leads the ranking for 2015, before Switzerland and the USA which had topped the list in 2014.

Austria was last in terms of income tax, and last but one in terms of need for economic and social reforms.

However, it did well in terms of life standard, education, healthcare infrastructure and social responsibility, as well as…

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