Sri Lanka is the 84 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 Sri Lanka averaged 72.69 from 2007 until 2019, reaching an all time high of 85 in 2018 and a record low of 52 in 2012. This page provides the latest reported value for - Sri Lanka Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sri Lanka Competitiveness Rank - values, historical data and charts - was last updated on February of 2021.

Competitiveness Rank in Sri Lanka is expected to reach 85.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Competitiveness Rank is projected to trend around 85.00 in 2021, according to our econometric models.

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Sri Lanka Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
84.00 85.00 85.00 52.00 2007 - 2019 Yearly

Sri Lanka Business Last Previous Highest Lowest Unit
Industrial Production 2.40 -13.70 35.20 -48.70 percent [+]
Capacity Utilization 81.00 81.00 82.00 69.00 percent [+]
Changes in Inventories -7711.60 591027.70 1217425.70 -7711.60 LKR Million [+]
Car Registrations 1611.00 2688.00 15017.00 308.00 [+]
Internet Speed 8527.30 7307.31 8527.30 374.62 KBps [+]
IP Addresses 85420.00 107335.00 246049.00 31627.00 IP [+]
Services PMI 56.20 55.60 66.80 29.80 points [+]
Manufacturing PMI 60.20 61.20 67.30 24.20 points [+]
Manufacturing Production 2.40 -13.70 7.80 -48.70 percent [+]
Business Confidence 45.00 20.00 136.00 20.00 points [+]
Corruption Index 38.00 38.00 40.00 31.00 Points [+]
Corruption Rank 94.00 93.00 97.00 52.00 [+]
Competitiveness Index 57.11 56.00 57.11 3.84 Points [+]
Competitiveness Rank 84.00 85.00 85.00 52.00 [+]
Ease of Doing Business 99.00 100.00 113.00 83.00 [+]


Sri Lanka 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.