-5.4 C
Ottawa
Tuesday, February 3, 2026

IMD Ranking: Australia’s GDP Growth per Capita Drops From 20 to 60

Date:

Australia has fallen five spots to 18th place in the World Competitiveness Yearbook 2025, slipping from 13th last year among 69 economies.

The yearbook, released by the International Institute for Management Development (IMD) in partnership with the Committee for Economic Development of Australia (CEDA), attributes the decline to sluggish economic growth and deteriorating business efficiency.

spot_imgspot_imgspot_img

Share post:

More like this
Related

French Police Raid Xs Paris Office, Prosecutor Summons Musk

(Left) SpaceX, Twitter and electric car maker Tesla CEO...

Glencore Canada Suspends Major Investments in Its Horne Smelter

The Horne Smelter in Rouyn-Noranda, owned by Glencore, photographed...

Chinese Wind-Turbine Maker Goldwind Hit by EU Anti-Subsidies Probe

A ship loaded with wind turbine parts made by...

LIVE NOW: Colombia President Petro Speaks to Press After Meeting With Trump

LIVE NOW: Colombia President Petro Speaks to Press After...