The Global Competitiveness Report 2016-2017, released by the Switzerland-based World Economic Forum, ranked Malaysia 25th out of 138 economies. With this ranking, the country remained among the world’s top 20% of the most competitive economies, and was the highest ranked among the developing Asian countries.
In the Doing Business Report 2017 published by the World Bank, Malaysia is ranked 23rd worldwide for the ease of doing business, outranking developed countries such as France (29th), Switzerland (31st) and Japan (34th). Malaysia is also ranked second in ASEAN in the report after Singapore and 7th in the Asia Pacific after New Zealand, Singapore, Hong Kong, South Korea, Taiwan and Australia.
Malaysia maintained its top 20 position among 61 global economies in the latest World Competitiveness Yearbook 2016 (WCY) released by the Institute for Management Development (IMD), Lausanne, Switzerland. Malaysia was ranked 19th, ahead of Finland (20th), Israel (21st), Belgium (22nd), Iceland (23rd), Austria (24th), China (25th), Japan (26th), Czech Republic (27th), Thailand (28th) and South Korea (29th). Within the Asia Pacific region, Malaysia was ranked 6th out of 14 nations. The ranking was based on four principal factors namely, economic performance; government efficiency; business efficiency and infrastructure.