Costa Rica is the 62 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 Costa Rica averaged 57.46 from 2007 until 2019, reaching an all time high of 68 in 2007 and a record low of 51 in 2015. This page provides the latest reported value for - Costa Rica Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Costa Rica Competitiveness Rank - values, historical data and charts - was last updated on November of 2020.

Competitiveness Rank in Costa Rica is expected to reach 55.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Competitiveness Rank is projected to trend around 55.00 in 2021, according to our econometric models.

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Costa Rica Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
62.00 55.00 68.00 51.00 2007 - 2019 Yearly

Costa Rica Business Last Previous Highest Lowest Unit
Industrial Production -7.70 -7.70 9.30 -7.70 percent [+]
Manufacturing Production -4.10 -4.40 10.20 -7.00 percent [+]
Changes in Inventories -70489.10 148028.00 419526.40 -322340.50 CRC Million [+]
Leading Economic Index -7.90 -9.20 14.80 -10.30 percent [+]
Internet Speed 4091.66 3879.16 4091.66 695.74 KBps [+]
IP Addresses 531033.00 514721.00 536472.00 107033.00 IP [+]
Industrial Production Mom 1.40 -1.10 5.80 -5.70 percent [+]
Mining Production -15.50 -16.60 26.00 -38.40 percent [+]
Competitiveness Index 62.01 62.14 62.14 4.05 Points [+]
Competitiveness Rank 62.00 55.00 68.00 51.00 [+]
Ease of Doing Business 74.00 67.00 121.00 60.00 [+]
Corruption Index 56.00 56.00 64.50 41.00 Points [+]
Corruption Rank 44.00 48.00 55.00 22.00 [+]


Costa Rica 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.