Czech Republic scored 70.85 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Czech Republic averaged 19.90 Points from 2007 until 2019, reaching an all time high of 71.18 Points in 2018 and a record low of 4.43 Points in 2014. This page provides the latest reported value for - Czech Republic Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Czech Republic Competitiveness Index - values, historical data and charts - was last updated on May of 2021.

Competitiveness Index in Czech Republic is expected to reach 72.68 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Competitiveness Index is projected to trend around 73.68 Points in 2021 and 74.18 Points in 2022, according to our econometric models.

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Czech Republic Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
70.85 71.18 71.18 4.43 2007 - 2019 Points Yearly

Czech Republic Business Last Previous Highest Lowest Unit
Business Confidence 94.80 87.70 113.70 69.10 points [+]
Manufacturing PMI 58.90 58.00 59.80 35.10 points [+]
Industrial Production 14.90 -2.60 14.90 -34.60 percent [+]
Industrial Production Mom 3.20 -2.00 17.30 -24.20 percent [+]
Manufacturing Production 16.00 -3.10 21.00 -36.54 percent [+]
New Orders 125.94 106.67 217.39 58.04 points [+]
Changes in Inventories -24.14 -23.44 30.46 -24.14 CZK Billion [+]
Car Registrations 20053.00 14687.00 27830.00 8356.00 [+]
Internet Speed 16938.04 17252.82 17768.42 3672.45 KBps [+]
IP Addresses 1720644.00 1710120.00 2231060.00 1053892.00 IP [+]
Mining Production -2.70 -2.90 17.77 -24.50 percent [+]
Steel Production 407.81 413.28 697.00 235.01 Thousand Tonnes [+]
Corporate Profits 325845.00 323281.00 328392.00 -2717.06 CZK Million [+]
Corruption Index 54.00 56.00 59.00 37.00 Points [+]
Corruption Rank 49.00 44.00 57.00 25.00 [+]
Ease of Doing Business 41.00 35.00 75.00 26.00 [+]
Electricity Production 6777.95 7698.96 8650.00 5249.28 Gigawatt-hour [+]
Competitiveness Index 70.85 71.18 71.18 4.43 Points [+]
Competitiveness Rank 32.00 29.00 46.00 29.00 [+]


Czech Republic 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.