Colombia scored 62.73 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum.

Competitiveness Index in Colombia averaged 17.49 Points from 2007 until 2019, reaching an all time high of 62.73 Points in 2019 and a record low of 4.04 Points in 2008. This page provides the latest reported value for - Colombia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Competitiveness Index - values, historical data and charts - was last updated on July of 2020. source: World Economic Forum

Competitiveness Index in Colombia is expected to reach 62.00 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Competitiveness Index is projected to trend around 62.50 Points in 2021, according to our econometric models.

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Colombia Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
62.73 61.63 62.73 4.04 2007 - 2019 Points Yearly

Colombia Business Last Previous Highest Lowest Unit
Business Confidence -21.30 -35.80 20.33 -35.80 points [+]
Industrial Production -35.80 -8.70 17.70 -35.80 percent [+]
Total Vehicle Sales 1382.00 7584.00 19788.00 1382.00 Cars [+]
Car Registrations 20523.00 18407.00 40393.00 15941.00 [+]
Leading Economic Index -20.10 -4.80 9.10 -20.10 percent [+]
Internet Speed 5523.06 5397.03 5523.06 572.73 KBps [+]
IP Addresses 5185338.00 5082089.00 7795504.00 880124.00 IP [+]
Steel Production 85.00 60.00 133.00 29.00 Thousand Tonnes [+]
Industrial Production Mom -26.70 -11.00 9.90 -26.70 percent [+]
Manufacturing Pmi 54.70 37.20 54.70 27.60 points [+]
Cement Production 778700.00 198924.92 1209660.26 198924.92 Tonnes [+]
Competitiveness Index 62.73 61.63 62.73 4.04 Points [+]
Competitiveness Rank 57.00 60.00 74.00 57.00 [+]
Capacity Utilization 76.50 80.90 85.30 63.90 percent [+]
Corruption Index 37.00 36.00 40.00 22.00 Points [+]
Corruption Rank 96.00 99.00 99.00 31.00 [+]
Ease of Doing Business 67.00 65.00 67.00 37.00 [+]


Colombia 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.