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IMD Ranking: Australia’s GDP Growth per Capita Drops From 20 to 60

Summary by The Epoch Times
Australia has fallen five spots to 18th place in the World Competitiveness Yearbook 2025, slipping from 13th last year among 69 economies. The yearbook, released by the International Institute for Management Development (IMD) in partnership with the Committee for Economic Development of Australia (CEDA), attributes the decline to sluggish economic growth and deteriorating business efficiency. Although Australia dropped to 18th this year, its 13t…

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The Epoch Times broke the news in New York, United States on Monday, June 23, 2025.
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