The competitiveness of Finland
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Growth competitiveness and current competitiveness
| Total ranking 2009-2010 | |||
| WEF Global competitiveness 2010 | WEF Global competitiveness 2009 | IMD Total competitiveness 2010 | |
| Switzerland | 1 | 1 | 6 |
| USA | 4 | 2 | 1 |
| Singapore | 3 | 3 | 2 |
| Sweden | 2 | 4 | 9 |
| Denmark | 9 | 5 | 5 |
| Finland | 7 | 6 | 19 |
| Germany | 5 | 7 | 16 |
| Japan | 6 | 8 | 24 |
| Canada | 10 | 9 | 10 |
| Netherlands | 8 | 10 | 8 |
| Hong Kong | 11 | 11 | 3 |
| Taiwan | 13 | 12 | 18 |
| Great Britain | 12 | 13 | 20 |
| Norway | 14 | 14 | 9 |
| Australia | 16 | 15 | 5 |
| France | 15 | 16 | 24 |
Sources: WEF, The Global Competitiveness Report 2009-2011 and IMD World Competitiveness Yearbook 2010
Many organisations review the competitiveness of national economies and the performance of their innovation systems. According to World Economic Forum (WEF), Finland was the seventh most competitive country in the world in 2010. The three most competitive countries were Switzerland, Sweden and Singapore.
The Institute for Management Development’s (IMD) ranked Finland 19th in overall competitiveness in 2010. The three most competitive countries were Singapore, Hong Kong and USA.
Based on the Lisbon Review, Finland was third in competitiveness comparison in the EU in 2008 after Sweden and Denmark. Finland was on top of the comparison in innovation and R&D, in enterprise environment as well as in sustainable development.
