Russia is the 43 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 Russia averaged 55.38 from 2007 until 2019, reaching an all time high of 67 in 2013 and a record low of 43 in 2018. This page provides the latest reported value for - Russia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Russia Competitiveness Rank - values, historical data and charts - was last updated on September of 2020. source: World Economic Forum

Competitiveness Rank in Russia is expected to reach 36.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Competitiveness Rank is projected to trend around 43.00 in 2021, according to our econometric models.

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Russia Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
43.00 43.00 67.00 43.00 2007 - 2019 Yearly

Russia Business Last Previous Highest Lowest Unit
Business Confidence -5.00 -5.00 7.00 -20.00 points [+]
Manufacturing PMI 51.10 48.40 54.70 31.30 points [+]
Services PMI 58.20 58.50 58.50 12.20 points [+]
Industrial Production -7.20 -8.00 17.70 -16.90 percent [+]
Industrial Production Mom 2.90 3.40 24.40 -26.10 percent [+]
Manufacturing Production -4.10 -3.30 27.10 -28.10 percent [+]
Capacity Utilization 61.00 61.00 66.00 38.00 percent [+]
Changes in Inventories 436.20 -615.20 2009.30 -1157.20 RUB Billion [+]
Total Vehicle Sales 137517.00 141924.00 291020.00 38922.00 Units [+]
Car Production 112.80 104.80 187.00 18.20 Thousand Units [+]
Car Registrations 137517.00 141924.00 291020.00 38922.00 [+]
Leading Economic Index -4.30 -4.60 9.90 -12.00 percent [+]
Internet Speed 11846.17 11607.38 12288.46 1909.63 KBps [+]
IP Addresses 19163474.00 19200437.00 19200437.00 2137082.00 IP [+]
Steel Production 5550.00 5800.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production -11.80 -15.10 10.80 -15.10 percent [+]
Cement Production 6.06 5.89 7.70 1.60 Millions of Tonnes [+]
Competitiveness Index 66.74 65.62 66.74 4.13 Points [+]
Competitiveness Rank 43.00 43.00 67.00 43.00 [+]
Composite Pmi 57.30 56.80 58.30 13.90 points [+]
Bankruptcies 2538.00 3145.00 3770.00 1103.00 Companies [+]
Corruption Index 28.00 28.00 29.00 21.00 Points [+]
Corruption Rank 137.00 138.00 154.00 47.00 [+]
Corporate Profits 5370.20 4308.90 15758.40 -224.00 RUB Billion [+]
Ease of Doing Business 28.00 31.00 124.00 28.00 [+]


Russia 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.