Iceland's Competitiveness Improving

Robust infrastructure is still Iceland's main strength according to IMD World Competitiveness Yearbook 2012 but improvement in economic performance, government and business efficiency ranks moves Iceland up the ranking to number 26 from 31 last year.

Hong Kong tops the ranking as last year, with USA number two and Switzerland rising to third place. The IMD WCY results 2012 are accessible on the IMD website.

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