Macedonia Competitiveness Rank2022 Data | 2023 Forecast | 2007-2021 Historical

Name: Macedonia Competitiveness Rank
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Macedonia,Competitiveness Rank,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Macedonia is the 82 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Rank in Macedonia averaged 78.38 from 2007 until 2019, reaching an all time high of 94 in 2008 and a record low of 60 in 2016. This page provides the latest reported value for - Macedonia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Competitiveness Rank - values, historical data and charts - was last updated on January of 2022.

Competitiveness Rank in Macedonia is expected to reach 84.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Competitiveness Rank is projected to trend around 84.00 in 2021, according to our econometric models.

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Macedonia 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.