Spain is the 23 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 Spain averaged 31.62 from 2007 until 2019, reaching an all time high of 42 in 2011 and a record low of 23 in 2019. source: World Economic Forum

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Spain Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
23.00 26.00 42.00 23.00 2007 - 2019 Yearly


Spain 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.

Spain Business Last Previous Highest Lowest Unit
Business Confidence -1.90 -3.20 8.50 -39.00 points [+]
Services PMI 54.90 53.20 60.30 36.80 points [+]
Manufacturing PMI 47.40 47.50 56.10 41.10 points [+]
Industrial Production 2.10 -1.30 13.60 -21.80 percent [+]
Industrial Production Mom 1.00 -0.50 9.30 -12.00 percent [+]
Manufacturing Production 1.60 -0.20 13.60 -22.90 percent [+]
Capacity Utilization 79.00 80.90 90.00 68.86 percent [+]
Changes in Inventories 2953.00 2935.00 3071.00 -3183.00 EUR Million [+]
Bankruptcies 1384.00 1588.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 105853.00 93158.00 177375.00 23090.00 [+]
Car Production 1964.00 2082.00 2504.00 139.00 Hundred Units [+]
Car Registrations 116673.00 115249.00 159417.00 3103.00 [+]
Internet Speed 15487.07 15362.73 15487.07 2354.24 KBps [+]
IP Addresses 14575619.00 13803828.00 14855454.00 7640009.00 IP [+]
Mining Production 24.90 7.60 24.90 -44.90 percent [+]
Steel Production 1070.00 1225.00 1980.00 555.00 Thousand Tonnes [+]
Competitiveness Index 75.28 74.20 75.28 4.49 Points [+]
Competitiveness Rank 23.00 26.00 42.00 23.00 [+]
Ease of Doing Business 30.00 30.00 62.00 28.00 [+]
Electricity Production 22330.00 22693.00 27405.00 20466.00 Gigawatt-hour [+]
Corruption Index 62.00 58.00 71.00 43.10 Points [+]
Corruption Rank 30.00 41.00 42.00 20.00 [+]
Factory Orders -20.20 -2.60 25.60 -33.60 percent [+]