Bosnia and Herzegovina is the 92 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 Bosnia and Herzegovina averaged 97.08 from 2007 until 2019, reaching an all time high of 111 in 2016 and a record low of 82 in 2007. source: World Economic Forum

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Bosnia and Herzegovina Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
92.00 91.00 111.00 82.00 2007 - 2019 Yearly


Bosnia and Herzegovina Competitiveness Rank
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability.

Bosnia and Herzegovina Business Last Previous Highest Lowest Unit
Industrial Production -4.90 -10.40 28.80 -17.90 percent [+]
Manufacturing Production -5.40 -9.50 35.80 -18.00 percent [+]
Internet Speed 8562.09 8309.60 8562.09 1068.21 KBps [+]
IP Addresses 497687.00 483243.00 514552.00 59058.00 IP [+]
Industrial Production Mom 2.60 -1.50 12.90 -19.60 percent [+]
Mining Production -4.00 -17.10 39.80 -19.40 percent [+]
Steel Production 55.00 54.99 82.87 1.46 Thousand Tonnes [+]
Ease of Doing Business 90.00 89.00 131.00 79.00 [+]
Competitiveness Index 54.73 54.16 54.73 3.52 Points [+]
Competitiveness Rank 92.00 91.00 111.00 82.00 [+]
Corruption Index 38.00 38.00 42.00 29.00 Points [+]
Corruption Rank 89.00 91.00 99.00 70.00 [+]