Ghana is the 111 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 Ghana averaged 110.18 from 2009 until 2019, reaching an all time high of 119 in 2016 and a record low of 102 in 2009. This page provides the latest reported value for - Ghana Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ghana Competitiveness Rank - values, historical data and charts - was last updated on November of 2020.

Competitiveness Rank in Ghana is expected to reach 108.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ghana Competitiveness Rank is projected to trend around 110.00 in 2021 and 113.00 in 2022, according to our econometric models.

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Ghana Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
111.00 106.00 119.00 102.00 2009 - 2019 Yearly

Ghana Business Last Previous Highest Lowest Unit
Internet Speed 3367.55 3359.64 3367.55 252.06 KBps [+]
IP Addresses 124915.00 191869.00 362730.00 14376.00 IP [+]
Leading Economic Index 10.50 3.60 14.00 -11.00 percent [+]
Competitiveness Index 51.20 51.33 51.33 3.44 Points [+]
Competitiveness Rank 111.00 106.00 119.00 102.00 [+]
Composite Pmi 53.10 51.40 56.50 31.70 points [+]
Corruption Index 41.00 41.00 48.00 33.00 Points [+]
Corruption Rank 80.00 78.00 81.00 50.00 [+]
Ease of Doing Business 118.00 114.00 120.00 60.00 [+]


Ghana 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.