Taiwan is the 12 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 Taiwan averaged 13.38 from 2007 until 2019, reaching an all time high of 17 in 2009 and a record low of 12 in 2010. This page provides the latest reported value for - Taiwan Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Competitiveness Rank - values, historical data and charts - was last updated on May of 2020. source: World Economic Forum

Competitiveness Rank in Taiwan is expected to reach 13.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Competitiveness Rank is projected to trend around 13.00 in 2021, according to our econometric models.

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Taiwan Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
12.00 13.00 17.00 12.00 2007 - 2019 Yearly

Taiwan Business Last Previous Highest Lowest Unit
Manufacturing PMI 42.20 50.40 56.90 42.20 points [+]
Industrial Production 3.51 11.18 75.71 -43.30 percent [+]
Industrial Production Mom -0.10 0.70 9.75 -16.01 percent [+]
Manufacturing Production 4.15 11.93 84.23 -45.43 percent [+]
New Orders 38526.00 40260.00 48986.00 2278.00 USD Million [+]
Changes in Inventories -9387.00 -24853.00 74009.00 -130795.00 TWD Million [+]
Bankruptcies 2941.00 2674.00 7810.00 1144.00 Companies [+]
Car Production 19751.00 20563.00 436732.00 7620.00 Units [+]
Car Registrations 22137.03 22138.97 22456.11 15439.63 Thousand [+]
Leading Economic Index 109.90 113.90 114.10 20.80 points [+]
Internet Speed 16869.04 15640.45 16869.04 2728.96 KBps [+]
IP Addresses 7115844.00 7090423.00 12042415.00 4219872.00 IP [+]
Mining Production 21.89 18.94 48.10 -37.66 percent [+]
Steel Production 1650.00 1580.00 2093.77 243.00 Thousand Tonnes [+]
Cement Production 1022.41 941.71 2201.45 748.64 Thousands of Tonnes [+]
Coincident Index 113.32 113.73 114.86 20.48 points [+]
Competitiveness Index 80.24 79.25 80.24 5.20 Points [+]
Competitiveness Rank 12.00 13.00 17.00 12.00 [+]
Ease Of Doing Business 15.00 13.00 15.00 10.00 [+]
Corruption Index 65.00 63.00 65.00 49.80 Points [+]
Corruption Rank 28.00 31.00 39.00 25.00 [+]


Taiwan 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.