South Korea's global competitiveness reached an all-time high, ranking 20th among 67 countries in 2024, due to enhanced corporate efficiency and infrastructure.

South Korea's global competitiveness rose eight notches to reach its highest level ever, ranking 20th among 67 countries in 2024. The improvement was due to enhanced corporate efficiency and infrastructure, according to the International Institute for Management Development report. In the 30-50 club of countries with a population over 50 million and a GNI per capita over $30,000, South Korea ranked second after the US.

June 18, 2024
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