The National Competitiveness and Productivity Council

We analyse developments and policies in the field of productivity and competitiveness in Ireland

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20 June 2024

Bulletin 24-4 IMD World Competitiveness Rankings

The National Competitiveness and Productivity Council is pleased to publish Bulletin 24-4 IMD World Competitiveness Rankings which examines Ireland’s fourth place in the IMD’s World Competitiveness rankings. This ranking demonstrates that the Irish economy remains strongly competitive. Despite a relative slowdown in the rate of economic expansion, Ireland continues to rank highly.

Bulletins
NCPC Bulletin 24 4 IMD World Competitiveness Rankings 2024

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NCPC Competitiveness and Productivity Framework

As concepts, competitiveness and productivity overlap and interlink in a variety of ways, and this framework speaks to the strong intersection of both. Productivity and competitiveness are depicted as two mutually-reinforcing concepts. The arrows in the inner circle visually capture this interconnected relationship. These two concepts overlap and interlink with each other through the drivers that determine them in achieving the overarching goal of sustainable growth and wellbeing. The main drivers included in the NCPC's framework are Business Environment, Macroeconomic Sustainability, International Environment, Technology and Innovation, Education and Skills, and Infrastructure.

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NCPC Competitiveness and Productivity Framework