Australia is the 16 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum.
Competitiveness Rank in Australia averaged 17.92 from 2007 until 2019, reaching an all time high of 22 in 2015 and a record low of 14 in 2018. This page provides the latest reported value for - Australia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Competitiveness Rank - values, historical data and charts - was last updated on June of 2020. source: World Economic Forum
Competitiveness Rank in Australia is expected to reach 14.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Competitiveness Rank is projected to trend around 14.00 in 2021, according to our econometric models.