Cameroon is the 123 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. source: World Economic Forum

Competitiveness Rank in Cameroon averaged 115.08 from 2007 until 2019, reaching an all time high of 123 in 2019 and a record low of 109 in 2007. This page provides the latest reported value for - Cameroon Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cameroon Competitiveness Rank - values, historical data and charts - was last updated on October of 2020.

Competitiveness Rank in Cameroon is expected to reach 121.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cameroon Competitiveness Rank is projected to trend around 121.00 in 2021, according to our econometric models.

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Cameroon Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
123.00 121.00 123.00 109.00 2007 - 2019 Yearly

Cameroon Business Last Previous Highest Lowest Unit
Industrial Production -1.60 -4.30 32.33 -14.03 percent [+]
Internet Speed 2292.39 2047.60 2292.39 160.58 KBps [+]
IP Addresses 25141.00 26475.00 38164.00 6624.00 IP [+]
Manufacturing Production -0.60 -4.10 33.70 -14.84 percent [+]
Ease of Doing Business 167.00 166.00 171.00 161.00 [+]
Changes In Inventories 61.80 109.90 204.70 -308.30 XAF Billion [+]
Competitiveness Index 46.02 45.10 46.02 3.36 Points [+]
Competitiveness Rank 123.00 121.00 123.00 109.00 [+]
Corruption Index 25.00 25.00 27.00 14.00 Points [+]
Corruption Rank 153.00 152.00 153.00 49.00 [+]

Cameroon 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.