Canada scored 79.59 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Canada averaged 22.50 Points from 2007 until 2019, reaching an all time high of 80 Points in 2017 and a record low of 5.20 Points in 2014. source: World Economic Forum

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Canada Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
79.59 79.92 80.00 5.20 2007 - 2019 Points Yearly


Canada Competitiveness Index
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are 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. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes 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.

Canada Business Last Previous Highest Lowest Unit
Business Confidence 51.90 60.00 75.00 36.10 points [+]
Manufacturing PMI 50.40 51.40 57.10 47.50 points [+]
Industrial Production -1.87 -2.20 10.26 -14.52 percent [+]
Industrial Production Mom -0.11 0.21 3.33 -3.50 percent [+]
Manufacturing Production -0.65 -0.12 11.77 -17.31 percent [+]
Capacity Utilization 81.70 83.30 87.30 72.70 percent [+]
New Orders 55620451.00 56825120.00 63214073.00 14816411.00 CAD THO [+]
Changes in Inventories 4201.00 12754.00 24844.00 -21563.00 CAD Million [+]
Bankruptcies 218.00 218.00 872.00 177.00 Companies [+]
Corporate Profits 91041.00 90428.00 97553.00 -758.00 CAD Million [+]
Car Registrations 146259.00 163201.00 220436.00 19807.00 Units [+]
Leading Economic Index -0.10 0.10 1.20 -1.40 percent [+]
Internet Speed 16205.66 14855.09 16205.66 3293.95 KBps [+]
IP Addresses 15582991.00 15135509.00 15582991.00 8092964.00 IP [+]
Steel Production 985.00 1115.00 1534.00 349.00 Thousand Tonnes [+]
Wholesale Sales -1.20 -1.20 6.90 -5.30 percent [+]
Mining Production -6.15 -7.39 23.38 -16.41 percent [+]
Manufacturing Sales -0.60 -0.20 6.60 -9.20 percent [+]
Competitiveness Index 79.59 79.92 80.00 5.20 Points [+]
Competitiveness Rank 14.00 12.00 15.00 9.00 [+]
Corruption Index 77.00 81.00 92.00 77.00 Points [+]
Corruption Rank 12.00 9.00 14.00 5.00 [+]
Crude Oil Rigs 135.00 136.00 715.00 32.00 [+]
Ease of Doing Business 23.00 22.00 23.00 8.00 [+]