Lebanon is the 88 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 Lebanon averaged 92.44 from 2011 until 2019, reaching an all time high of 113 in 2015 and a record low of 75 in 2017. This page provides the latest reported value for - Lebanon Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lebanon Competitiveness Rank - values, historical data and charts - was last updated on October of 2020. source: World Economic Forum

Competitiveness Rank in Lebanon is expected to reach 80.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon Competitiveness Rank is projected to trend around 80.00 in 2021, according to our econometric models.

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Lebanon Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
88.00 80.00 113.00 75.00 2011 - 2019 Yearly

Lebanon Business Last Previous Highest Lowest Unit
Internet Speed 2056.08 2271.33 2271.33 308.17 KBps [+]
IP Addresses 179674.00 176348.00 225761.00 21154.00 IP [+]
Manufacturing Pmi 42.10 40.10 49.50 30.90 points [+]
Ease of Doing Business 143.00 142.00 143.00 101.00 [+]
Electricity Production 890.00 944.00 1528.00 277.00 Gigawatt-hour [+]
Coincident Index 162.80 172.50 325.70 91.50 points [+]
Competitiveness Index 56.29 57.72 57.80 3.67 Points [+]
Competitiveness Rank 88.00 80.00 113.00 75.00 [+]
Corruption Index 28.00 28.00 36.00 25.00 Points [+]
Corruption Rank 137.00 138.00 143.00 63.00 [+]

Lebanon 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.