Romania scored 64.36 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Romania averaged 17.78 Points from 2007 until 2019, reaching an all time high of 64.36 Points in 2019 and a record low of 3.97 Points in 2008. source: World Economic Forum

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Romania Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
64.36 63.46 64.36 3.97 2007 - 2019 Points Yearly


Romania Competitiveness Index
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are 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. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes 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.

Romania Business Last Previous Highest Lowest Unit
Industrial Production -7.70 -7.60 17.90 -14.30 percent [+]
Industrial Production Mom -0.20 -2.10 11.10 -12.30 percent [+]
Manufacturing Production -4.60 -6.20 21.70 -17.80 percent [+]
Capacity Utilization 73.10 74.70 86.40 71.00 percent [+]
Changes in Inventories -7659.30 -5950.90 5566.30 -18530.30 RON Million [+]
Car Registrations 168445.00 147972.00 189612.00 19411.00 [+]
Internet Speed 16990.81 16123.71 16990.81 3458.38 KBps [+]
IP Addresses 3664561.00 3646075.00 3664561.00 1423800.00 IP [+]
Mining Production -5.40 -3.90 20.10 -21.90 percent [+]
New Orders 148.60 165.10 166.20 37.60 points [+]
Business Confidence 0.30 -0.20 27.30 -22.20 points [+]
Competitiveness Index 64.36 63.46 64.36 3.97 Points [+]
Competitiveness Rank 51.00 52.00 78.00 51.00 [+]
Ease Of Doing Business 55.00 52.00 55.00 35.00 [+]
Electricity Production 4540.00 4211.00 6455.00 4211.00 Gigawatt-hour [+]
Corruption Index 44.00 47.00 48.00 26.00 Points [+]
Corruption Rank 70.00 61.00 87.00 37.00 [+]
Factory Orders -1.10 -0.60 42.30 -24.20 percent [+]