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. Estonia Competitiveness Rank - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

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. source: World Economic Forum

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 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.