Benin scored 45.82 points out of 100 on the 2019 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Benin averaged 13.82 Points from 2007 until 2019, reaching an all time high of 45.82 Points in 2019 and a record low of 3.42 Points in 2007. This page provides the latest reported value for - Benin Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Benin Competitiveness Index - values, historical data and charts - was last updated on October of 2022.

Competitiveness Index in Benin is expected to reach 45.90 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Benin Competitiveness Index is projected to trend around 46.90 Points in 2021 and 47.40 Points in 2022, according to our econometric models.

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Benin Competitiveness Index

Related Last Previous Unit Reference
Competitiveness Rank 125.00 123.00 Dec 2019
Competitiveness Index 45.82 44.40 Points Dec 2019

Benin Competitiveness Index
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are 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. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes 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.
Actual Previous Highest Lowest Dates Unit Frequency
45.82 44.40 45.82 3.42 2007 - 2019 Points Yearly