The island rises four spots in the 2025 IMD World Competitiveness Yearbook, driven by improvements in government and business efficiency.
San Juan, Puerto Rico – As a clear sign that Puerto Rico’s value proposition is resonating globally, the island has climbed to 45th out of 69 economies in the 2025 IMD World Competitiveness Yearbook—a notable improvement from last year that underscores its growing readiness as a prime business investment destination.
Now in its second year in the ranking, Puerto Rico continues to make strides across multiple competitiveness pillars. The island recorded significant gains in Business Efficiency (35th, up 10 spots), Government Efficiency (43rd, up 7), and Infrastructure (42nd, up 6), reflecting ongoing enhancements to its investment climate and innovation capacity.
In the Americas, Puerto Rico ranks 4th, outperforming major regional economies such as Colombia, Mexico, and Brazil.
“Puerto Rico’s rise in the rankings highlights the impact of strategic business attraction policies and a shared vision for economic growth,” said Ella Woger-Nieves, CEO of Invest Puerto Rico. “Our competitiveness on the global stage is growing, and this recognition affirms to investors that Puerto Rico offers opportunity, talent, and stability.”
Sebastián Negrón Reichard, Secretary of the Puerto Rico Department of Economic Development and Commerce (DEDC) added: “This progress underscores the success of our collaborative efforts to build a dynamic, business-friendly environment. There is no question that Puerto Rico is emerging as a top U.S. jurisdiction for investment, innovation, nearshoring, and more. We still have a lot of work to do, we’re just getting started.”
The IMD World Competitiveness Yearbook, published annually by the International Institute for Management Development in Switzerland, is a respected benchmark that evaluates economies on indicators such as government and business efficiency, infrastructure, and innovation capacity. It provides valuable insights for business leaders and policymakers worldwide.
Puerto Rico’s improved ranking enhances its global visibility and credibility as a strategic U.S. location for companies pursuing growth, innovation, and operational stability. With robust infrastructure, competitive incentives, and a skilled workforce, the island continues to attract forward-thinking businesses in sectors like aerospace, technology, and life sciences.
Invest Puerto Rico, DDEC, and academic partners will use these insights to refine economic development strategies and drive sustainable growth across the island.
About Invest Puerto Rico
Invest Puerto Rico is a non-profit entity created by law to promote Puerto Rico as a competitive jurisdiction for investment, focused on attracting new businesses and capital. Our vision is to be a transformational and results-oriented accelerator of economic development for the island. For more information, visit www.investpr.org.
