Hong Kong is the 3 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 Hong Kong averaged 8.69 from 2007 until 2019, reaching an all time high of 12 in 2008 and a record low of 3 in 2019. source: World Economic Forum

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Hong Kong Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
3.00 7.00 12.00 3.00 2007 - 2019 Yearly


Hong Kong 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.

Hong Kong Business Last Previous Highest Lowest Unit
Business Confidence -22.00 -25.00 32.00 -53.00 points [+]
Manufacturing PMI 42.10 38.50 53.30 38.50 points [+]
Industrial Production 0.40 0.40 23.90 -14.20 percent [+]
Changes in Inventories -1309.00 -3576.00 37052.00 -17455.00 HKD Million [+]
Bankruptcies 14394.00 10498.00 20646.00 409.00 Companies [+]
Car Registrations 3100.00 2893.00 6154.00 332.00 [+]
Internet Speed 21908.83 21943.39 21943.39 6090.98 KBps [+]
IP Addresses 3132077.00 3045927.00 3132077.00 1589168.00 IP [+]
Competitiveness Index 83.14 82.25 83.14 5.22 Points [+]
Competitiveness Rank 3.00 7.00 12.00 3.00 [+]
Ease of Doing Business 3.00 4.00 5.00 2.00 [+]
Corruption Index 76.00 77.00 84.00 70.10 Points [+]
Corruption Rank 14.00 13.00 18.00 12.00 [+]