Macedonia is the 82 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. 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 May of 2021.

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

Actual Previous Highest Lowest Dates Unit Frequency
82.00 84.00 94.00 60.00 2007 - 2019 Yearly

Macedonia Business Last Previous Highest Lowest Unit
Industrial Production 7.60 -12.20 24.50 -33.50 percent [+]
Manufacturing Production -9.40 1.80 38.50 -40.60 percent [+]
Changes in Inventories 91618.93 79359.30 91618.93 7337.00 MKD Million [+]
Internet Speed 7707.57 7775.41 7775.41 1236.37 KBps [+]
IP Addresses 377561.00 405430.00 421547.00 56872.00 IP [+]
Competitiveness Index 57.33 56.62 57.33 3.73 Points [+]
Competitiveness Rank 82.00 84.00 94.00 60.00 [+]
Business Confidence 28.00 27.60 35.20 -35.80 points [+]
Ease of Doing Business 17.00 10.00 69.00 10.00 [+]
Corruption Index 35.00 35.00 45.00 23.00 Points [+]
Corruption Rank 111.00 106.00 111.00 62.00 [+]
Steel Production 32.80 25.00 38.00 0.00 Thousand Tonnes [+]


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.