Estonia is the 31 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 Estonia averaged 31.08 from 2007 until 2019, reaching an all time high of 35 in 2010 and a record low of 26 in 2007. This page provides the latest reported value for - Estonia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Estonia Competitiveness Rank - values, historical data and charts - was last updated on October of 2020.

Competitiveness Rank in Estonia is expected to reach 32.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Competitiveness Rank is projected to trend around 32.00 in 2021, according to our econometric models.

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Estonia Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
31.00 32.00 35.00 26.00 2007 - 2019 Yearly

Estonia Business Last Previous Highest Lowest Unit
Business Confidence 87.30 81.20 117.40 68.60 points [+]
Industrial Production -5.40 -0.20 36.90 -32.90 percent [+]
Industrial Production Mom -2.10 2.40 9.40 -10.10 percent [+]
Manufacturing Production -0.60 -5.70 38.90 -33.40 percent [+]
Capacity Utilization 66.00 56.70 79.40 52.20 percent [+]
Changes in Inventories -22.04 66.79 247.93 -351.49 EUR Million [+]
Car Registrations 1734.00 1516.00 3231.00 205.00 [+]
Internet Speed 11556.01 11438.06 11697.65 2923.37 KBps [+]
IP Addresses 539972.00 523132.00 542382.00 209703.00 IP [+]
Mining Production 1.90 -3.70 96.60 -49.00 percent [+]
Cement Production 19.80 22.80 94.10 11.00 Thousands of Tonnes [+]
Competitiveness Index 70.91 70.75 70.91 4.56 Points [+]
Competitiveness Rank 31.00 32.00 35.00 26.00 [+]
Corruption Index 74.00 73.00 74.00 55.00 Points [+]
Corruption Rank 18.00 18.00 33.00 18.00 [+]
Corporate Profits 431658.30 865773.10 923825.90 149443.20 EUR Thousand [+]
Ease of Doing Business 18.00 16.00 24.00 11.00 [+]
Electricity Production 557.00 629.00 1375.00 341.00 Gigawatt-hour [+]


Estonia 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.