Czech Republic scored 70.85 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Czech Republic averaged 19.90 Points from 2007 until 2019, reaching an all time high of 71.18 Points in 2018 and a record low of 4.43 Points in 2014. source: World Economic Forum

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Czech Republic Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
70.85 71.18 71.18 4.43 2007 - 2019 Points Yearly


Czech Republic 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.

Czech Republic Business Last Previous Highest Lowest Unit
Business Confidence 91.60 91.50 106.60 69.10 points [+]
Manufacturing PMI 43.60 43.50 59.80 43.10 points [+]
Industrial Production -3.20 -0.40 14.50 -20.70 percent [+]
Industrial Production Mom -1.10 -0.10 4.40 -5.40 percent [+]
Manufacturing Production -3.20 -0.70 21.00 -23.90 percent [+]
New Orders 97.10 95.23 217.39 70.18 points [+]
Changes in Inventories 6.52 -4.68 36.01 -16.14 CZK Billion [+]
Car Registrations 18707.00 20163.00 27830.00 8356.00 [+]
Internet Speed 16938.04 17252.82 17768.42 3672.45 KBps [+]
IP Addresses 1720644.00 1710120.00 2231060.00 1053892.00 IP [+]
Mining Production -8.20 -7.30 17.80 -22.80 percent [+]
Steel Production 260.00 270.50 697.00 235.00 Thousand Tonnes [+]
Competitiveness Index 70.85 71.18 71.18 4.43 Points [+]
Competitiveness Rank 32.00 29.00 46.00 29.00 [+]
Corporate Profits 323281.00 310627.00 328392.00 -2717.06 CZK Million [+]
Ease of Doing Business 41.00 35.00 75.00 26.00 [+]
Electricity Production 8013.00 7002.00 8650.00 5516.00 Gigawatt-hour [+]
Corruption Index 59.00 57.00 59.00 37.00 Points [+]
Corruption Rank 38.00 42.00 57.00 25.00 [+]