Staying ahead of the game isn't easy in our fast-paced world. But the most competitive countries achieve it by providing the right ingredients for businesses to flourish, outsmart their rivals and fuel economic growth. The International Institute for Management Development's (IMD) annual round-up reveals who's getting it right... and who has work to do.

The most recent ranking covers 67 nations worldwide. We’ve picked out some notable performers (good and bad) before diving into the elite top 20. Read on to discover which countries make the list, starting with the lowest-rated. How does your home nation fare?