Rwanda scored 52.82 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Rwanda averaged 19.84 Points from 2011 until 2019, reaching an all time high of 52.82 Points in 2019 and a record low of 3.99 Points in 2011. This page provides the latest reported value for - Rwanda Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Rwanda Competitiveness Index - values, historical data and charts - was last updated on May of 2021.

Competitiveness Index in Rwanda is expected to reach 52.44 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Rwanda Competitiveness Index is projected to trend around 53.44 Points in 2021 and 53.94 Points in 2022, according to our econometric models.

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Rwanda Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
52.82 50.94 52.82 3.99 2011 - 2019 Points Yearly

Rwanda Business Last Previous Highest Lowest Unit
Industrial Production 2.30 -7.60 49.30 -40.70 percent [+]
Manufacturing Production 12.00 -0.40 35.30 -43.50 percent [+]
Internet Speed 7689.31 8324.45 11299.01 103.05 KBps [+]
IP Addresses 10599.00 10257.00 10599.00 2738.00 IP [+]
Changes In Inventories 47.00 -32.00 60.00 -65.00 RWF Billion [+]
Competitiveness Index 52.82 50.94 52.82 3.99 Points [+]
Competitiveness Rank 100.00 108.00 108.00 58.00 [+]
Ease of Doing Business 38.00 29.00 143.00 29.00 [+]
Corruption Index 54.00 53.00 56.00 25.00 Points [+]
Corruption Rank 49.00 51.00 121.00 44.00 [+]
Mining Production -72.90 -72.20 184.20 -72.90 percent [+]


Rwanda 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.