Another measure of competitiveness, from the IMD World Competitiveness Yearbook, sees Indonesia put in a very poor light.

In the 2006 rankings as found in the World Competitiveness Yearbook Indonesia has slipped to 60th, second worst of the 61 countries measured. Only Venezuela performed worse. Meanwhile, of Indonesia’s peers and neighbours, Singapore ranked third, China 19th, Malaysia 23rd, Thailand 32nd, and the Philippines 49th. The complete list, with 2005 rankings in brackets:

• 1. United States (1)
• 2. Hong Kong (2)
• 3. Singapore (3)
• 4. Iceland (4)
• 5. Denmark (7)
• 6. Australia (9)
• 7. Canada (5)
• 8. Switzerland (8)
• 9. Luxembourg (10)
• 10. Finland (6)
• 11. Ireland (12)
• 12. Norway (15)
• 13. Austria (17)
• 14. Sweden (14)
• 15. Netherlands (13)
• 16. Bavaria, Germany (18)
• 17. Japan (21)
• 18. Taiwan (11)
• 19. China (31)
• 20. Estonia (26)
• 21. Britain (22)
• 22. New Zealand (16)
• 23. Malaysia (28)
• 24. Chile (19)
• 25. Israel (25)
• 26. Germany (23)
• 27. Belgium (24)
• 28. Ile-de-France, France (30)
• 29. India (39)
• 30. Scotland (35)
• 31. Czech Republic (36)
• 32. Thailand (27)
• 33. Zhejiang, China (20)
• 34. Catalonia, Spain (32)
• 35. France (30)
• 36. Spain (38)
• 37. Maharashtra, India (42)
• 38. South Korea (29)
• 39. Slovakia (40)
• 40. Colombia (47)
• 41. Hungary (37)
• 42. Greece (50)
• 43. Portugal (45)
• 44. South Africa (46)
• 45. Slovenia (52)
• 46. Jordan (44)
• 47. Bulgaria (unranked)
• 48. Sao Paulo, Brazil (43)
• 49. Philippines (49)
• 50. Lombardy, Italy (41)
• 51. Turkey (48)
• 52. Brazil (51)
• 53. Mexico (56)
• 54. Russia (54)
• 55. Argentina (58)
• 56. Italy (53)
• 57. Romania (55)
• 58. Poland (57)
• 59. Croatia (unranked)
• 60. Indonesia (59)
• 61. Venezuela (60)

The Yearbook does not measure most African and middle eastern countries.

In previous years Indonesia had ranked 47th in 2002 and 57th in 2003. In 2004 Indonesia was not included.

May 11th 2007. The 2007 results have been released. Indonesia is ranked 54th of 55 with a score of 37.410, just ahead of Venezuela again.

Singapore is ranked 2nd, China 15th, Malaysia 23rd, Japan 24th, India 27th, Thailand 33rd, and the Philippines 45th. imd