Guinea is the 122 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 Guinea averaged 134.71 from 2013 until 2019, reaching an all time high of 147 in 2014 and a record low of 122 in 2019. source: World Economic Forum

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Guinea Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
122.00 126.00 147.00 122.00 2013 - 2019 Yearly

Guinea 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.

Guinea Business Last Previous Highest Lowest Unit
Internet Speed 2034.56 2052.72 2052.72 104.33 KBps [+]
IP Addresses 1400.00 1378.00 2783.00 647.00 IP [+]
Ease of Doing Business 156.00 152.00 179.00 152.00 [+]
Corruption Index 28.00 27.00 28.00 16.00 Points [+]
Corruption Rank 138.00 148.00 173.00 138.00 [+]
Competitiveness Index 46.13 43.23 46.13 2.79 Points [+]
Competitiveness Rank 122.00 126.00 147.00 122.00 [+]