The United Arab Emirates is the 25 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 the United Arab Emirates averaged 25.46 from 2007 until 2019, reaching an all time high of 37 in 2008 and a record low of 12 in 2015. This page provides the latest reported value for - United Arab Emirates Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Arab Emirates Competitiveness Rank - values, historical data and charts - was last updated on September of 2020. source: World Economic Forum

Competitiveness Rank in the United Arab Emirates is expected to reach 27.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Arab Emirates Competitiveness Rank is projected to trend around 27.00 in 2021, according to our econometric models.

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United Arab Emirates Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
25.00 27.00 37.00 12.00 2007 - 2019 Yearly

United Arab Emirates Business Last Previous Highest Lowest Unit
Manufacturing PMI 49.40 50.80 61.20 44.10 points [+]
Changes in Inventories 139801.91 60170.53 139801.91 7139.72 AED Million [+]
Internet Speed 8570.97 10684.69 10684.69 809.16 KBps [+]
IP Addresses 1353580.00 1312871.00 1511164.00 101024.00 IP [+]
Crude Oil Rigs 48.00 51.00 64.00 4.00 [+]
Ease of Doing Business 16.00 11.00 47.00 11.00 [+]
Competitiveness Index 75.01 73.37 75.01 4.49 Points [+]
Competitiveness Rank 25.00 27.00 37.00 12.00 [+]
Corruption Index 71.00 70.00 71.00 52.00 Points [+]
Corruption Rank 21.00 23.00 37.00 21.00 [+]

United Arab Emirates 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.