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. source: World Economic Forum

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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 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.

Russia Business Last Previous Highest Lowest Unit
Business Confidence -6.00 -5.00 7.00 -20.00 points [+]
Manufacturing PMI 47.50 45.60 54.70 45.60 points [+]
Services PMI 53.10 55.60 58.40 41.30 points [+]
Industrial Production 0.30 2.60 17.70 -16.90 percent [+]
Industrial Production Mom -2.50 5.50 24.40 -26.10 percent [+]
Manufacturing Production 0.10 3.70 27.10 -28.10 percent [+]
Capacity Utilization 64.00 65.00 66.00 38.00 percent [+]
Changes in Inventories 1441.30 846.30 2009.30 -1157.20 RUB Billion [+]
Total Vehicle Sales 179235.00 156848.00 291020.00 39497.00 Units [+]
Car Production 139.50 134.70 187.00 18.20 Thousand Units [+]
Car Registrations 179235.00 156848.00 291020.00 39497.00 [+]
Leading Economic Index 1.60 2.30 9.90 -11.80 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 5620.00 5950.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production 1.40 0.90 10.80 -7.70 percent [+]
Cement Production 5.46 5.96 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 51.80 52.90 58.30 44.70 points [+]
Bankruptcies 3088.00 2937.00 3697.00 1103.00 Companies [+]
Corporate Profits 13001.90 11689.20 13797.20 -224.00 RUB Billion [+]
Corruption Index 28.00 29.00 29.00 21.00 Points [+]
Corruption Rank 138.00 135.00 154.00 47.00 [+]
Ease of Doing Business 28.00 31.00 124.00 28.00 [+]