Guatemala is the 98 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. Competitiveness Rank in Guatemala averaged 85.69 from 2007 until 2019, reaching an all time high of 98 in 2019 and a record low of 78 in 2011. source: World Economic Forum


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Guatemala Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
98.00 96.00 98.00 78.00 2007 - 2019 Yearly


Guatemala 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.

Guatemala Business Last Previous Highest Lowest Unit
Changes in Inventories 868.80 -63.80 4096.80 -4012.90 GTQ Million [+]
Internet Speed 3309.38 3017.53 3654.55 514.94 KBps [+]
IP Addresses 208790.00 196423.00 270933.00 45931.00 IP [+]
Steel Production 25.00 25.00 46.00 0.00 Thousand Tonnes [+]
Leading Economic Index 4.20 3.80 8.80 -2.80 percent [+]
Competitiveness Index 53.52 53.36 53.52 3.71 Points [+]
Competitiveness Rank 98.00 96.00 98.00 78.00 [+]
Ease of Doing Business 96.00 98.00 117.00 79.00 [+]
Corruption Index 27.00 28.00 34.00 22.00 Points [+]
Corruption Rank 144.00 143.00 144.00 59.00 [+]