5 Most Competitive Countries in Europe

3. Ireland

Insider Monkey Competitiveness Score: 75.12

The Global Sustainable Competitiveness Index 2023 Score: 55.2

The Global Talent Competitiveness Index 2023 Score: 70.45

IMD World Competitiveness Score 2023: 99.71

Ireland makes it to the top 3 most competitive countries in Europe. The country has a GDP per Capita growth rate of 5.11% as of 2024 and an Insider Monkey competitiveness score of 75.12. On April 29, Reuters reported that the annual inflation rates for Ireland had slowed down to 1.6% in April from 1.7% in March. Moreover, the GDP for the first quarter of 2024 also increased by 1.1% depicting an overall strong economic performance.