South Africa Tops African Economies in Global Competitiveness Ranking
South Africa has become the most competitive economy in Africa in 2026, according to the latest World Competitiveness Ranking published by the IMD Business School. Tunisia, on the other hand, is not among the 70 economies evaluated this year.
Key Findings
- The "World Competitiveness Ranking" measures the ability of economies to create and maintain a favorable environment for business competitiveness.
- The study is based on four pillars: economic performance, government efficiency, business efficiency, and infrastructure.
- A total of six African countries are present in the ranking, with South Africa occupying the 54th place globally, followed by Kenya (55th), Ghana (64th), Botswana (66th), Nigeria (68th), and Namibia (69th).
Challenges Facing African Economies
Despite their presence in the ranking, these countries remain at the bottom of the global list, highlighting the persistent challenges faced by the continent in terms of infrastructure, governance, and economic attractiveness.
Beyond Traditional Economic Indicators
The IMD emphasizes that competitiveness can no longer be evaluated solely through traditional economic indicators such as GDP, employment, or productivity. The ranking also integrates institutional, social, and cultural dimensions, considered crucial in a context marked by geopolitical tensions and the increasing fragmentation of the global economy.
Institutions and Trust
According to the Swiss institute, economies with credible institutions, stable rules, and a high level of public trust are best equipped to withstand external shocks.
Methodology
The 2026 edition is based on several hundred economic and institutional indicators, as well as a survey of thousands of business leaders worldwide. The evaluated criteria include foreign investment, external trade, public finances, technological infrastructure, business climate, rule of law, and the availability of skilled labor.
Global Ranking
At the global level, Singapore regains the top spot in the ranking, followed by Hong Kong and Switzerland. Taiwan and the United Arab Emirates complete the global top 5, while the United States ranks 10th and China occupies the 12th position.
Tunisia's Absence
The absence of Tunisia from this ranking does not necessarily mean a decline in its competitiveness. It simply reflects the fact that the Tunisian economy is not part of the 70 economies retained by the IMD for its annual evaluation.
