Mexico declines in competitiveness ranking
The Mexican economy fell seven places in the 2026 World Competitiveness Index, going from 55th to 62nd among 70 nations evaluated, according to the annual report of the Institute for Management Development (IMD) based in Switzerland.
With 42.85 points out of 100, Mexico was placed below Chile (43), Argentina (58), Colombia (59) and Peru (60). It only surpassed Brazil (65) and Venezuela (70). It was far behind China (12) and India (44).
Singapore topped the list with 100 points, followed by Hong Kong, Switzerland, Taiwan, United Arab Emirates, Denmark, Ireland, Netherlands, Sweden and the United States.
The factors of the setback
The IMD evaluates four areas: economic performance, government efficiency, business efficiency and infrastructure. Mexico obtained its best score in economic performance (41st place) and the worst in government efficiency (67) and infrastructure (64). In business legislation it was in second to last place (69).
Among the most lagging subfactors are basic infrastructure (66), public financing (65), institutional framework (63), technological infrastructure (63) and education (65).
Challenges and context
The IMD noted that Mexico must strengthen coordination between levels of government, reinforce legal certainty, promote innovation and improve talent development. National value chains and infrastructure in energy, logistics and digitalization are also urgently needed.
Arturo Bris, director of the IMD World Competitiveness Center, stated:
“Economies do not become competitive by legislating more. They become competitive when economic actors trust that contracts will be respected, public decisions will be reviewable, corruption will be limited, and administrative discretion will work.”
He added that geopolitical tensions and political uncertainty weaken foreign direct investment and trust in the government.
Mexico had remained between 55th and 56th place in the last four years.




