Saudi Arabia ranks 13th globally in 2026 IMD World Competitiveness Yearbook

Saudi Arabia has advanced to 13th place globally and 3rd among G20 nations in the 2026 IMD World Competitiveness rankings. This marks a significant leap from its previous position of 36th in 2017, showcasing a sustained upward trajectory in competitiveness. The Kingdom also achieved the 9th position in global practices of auditing and accounting, up from 22nd, indicating effective reforms in these sectors.

Additionally, Saudi Arabia has maintained its status as the top nation in cybersecurity for the third consecutive year. These achievements highlight the Kingdom's commitment to improving its economic performance and professional standards.

The IMD World Competitiveness Yearbook evaluates the economic performance of 70 economies worldwide, making Saudi Arabia's ranking a noteworthy achievement. The Kingdom's improvements in economic performance, moving from 31st to 28th place, reflect ongoing reforms aimed at enhancing the business environment.

The focus on auditing and accounting practices underscores the importance of transparency and quality in governance. As Saudi Arabia continues to implement reforms, its leadership in cybersecurity emphasizes a broader commitment to national security and innovation, which is crucial for attracting foreign investment.

The advancements in Saudi Arabia's competitiveness and auditing practices position the Kingdom favorably for future economic growth and development. Stakeholders should monitor the impact of ongoing reforms on the business environment, as these changes are likely to influence foreign investment and economic partnerships.

As the Kingdom continues to rise in global rankings, its focus on enhancing competitiveness will be critical in fostering a more attractive investment landscape. Observing how these developments unfold will provide insights into the future trajectory of Saudi Arabia's economy.