Competitiveness

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Mexico fell to 62nd place in the IMD World Competitiveness Ranking 2026, a drop of seven positions from the previous year. The report points to weaknesses in governance and institutions.

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In a conversatorio at the LR Forum on talent, education, and productivity, Sebastián Trujillo, vice president of the Private Competitiveness Council, emphasized that the educational gap is the main barrier to competitiveness in Colombia. He highlighted that a Colombian worker generates only US$18 per hour, compared to the OECD average of US$70. He also pointed out the paradox of high unemployment alongside a shortage of qualified talent in companies.

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