Romania is the 51 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. source: World Economic Forum

Competitiveness Rank in Romania averaged 64.92 from 2007 until 2019, reaching an all time high of 78 in 2013 and a record low of 51 in 2019. This page provides the latest reported value for - Romania Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania Competitiveness Rank - values, historical data and charts - was last updated on November of 2020.

Competitiveness Rank in Romania is expected to reach 52.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Competitiveness Rank is projected to trend around 52.00 in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Romania Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
51.00 52.00 78.00 51.00 2007 - 2019 Yearly

Romania Business Last Previous Highest Lowest Unit
Industrial Production -2.80 -3.70 17.90 -38.70 percent [+]
Industrial Production Mom 1.50 5.30 16.30 -27.90 percent [+]
Manufacturing Production -2.10 -4.60 21.70 -44.50 percent [+]
Capacity Utilization 69.30 66.90 86.40 66.90 percent [+]
Changes in Inventories -35857.00 -306.10 5566.30 -35857.00 RON Million [+]
Car Registrations 134258.00 98279.00 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 -9.30 -10.10 20.10 -21.90 percent [+]
New Orders 166.80 124.00 166.80 37.60 points [+]
Business Confidence -8.10 -7.30 27.30 -27.10 points [+]
Competitiveness Index 64.36 63.46 64.36 3.97 Points [+]
Competitiveness Rank 51.00 52.00 78.00 51.00 [+]
Corruption Index 44.00 47.00 48.00 26.00 Points [+]
Corruption Rank 70.00 61.00 87.00 37.00 [+]
Factory Orders 14.20 -3.20 42.30 -43.10 percent [+]
Ease Of Doing Business 55.00 52.00 55.00 35.00 [+]
Electricity Production 5222.00 4901.00 6455.00 4211.00 Gigawatt-hour [+]


Romania 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.