Slovakia is the 42 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 Slovakia averaged 54.77 from 2007 until 2019, reaching an all time high of 78 in 2014 and a record low of 36 in 2007. This page provides the latest reported value for - Slovakia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Slovakia Competitiveness Rank - values, historical data and charts - was last updated on May of 2021.

Competitiveness Rank in Slovakia is expected to reach 41.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Competitiveness Rank is projected to trend around 41.00 in 2021, according to our econometric models.

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Slovakia Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
42.00 41.00 78.00 36.00 2007 - 2019 Yearly

Slovakia Business Last Previous Highest Lowest Unit
Business Confidence 10.30 -3.70 22.30 -42.30 points [+]
Industrial Production 1.00 -3.90 22.10 -42.00 percent [+]
Manufacturing Production 0.00 -6.00 31.80 -47.50 percent [+]
Capacity Utilization 83.20 81.40 89.40 46.80 percent [+]
Car Registrations 6542.00 5535.00 10595.00 2907.00 [+]
Internet Speed 13037.49 13018.48 13801.69 4018.08 KBps [+]
IP Addresses 898295.00 860635.00 996175.00 281531.00 IP [+]
Industrial Production Mom -0.10 0.70 27.90 -27.40 percent [+]
New Orders 4845.50 4543.60 5148.20 698.80 EUR Million [+]
Mining Production -0.80 2.00 135.30 -57.00 percent [+]
Ease of Doing Business 45.00 42.00 49.00 29.00 [+]
Electricity Production 2713.00 2521.00 3241.00 1695.00 Gigawatt-hour [+]
Corruption Index 49.00 50.00 51.00 35.00 Points [+]
Corruption Rank 60.00 59.00 66.00 47.00 [+]
Changes In Inventories -0.82 0.14 1.74 -1.03 EUR Billion [+]
Competitiveness Index 66.77 66.84 66.84 4.10 Points [+]
Competitiveness Rank 42.00 41.00 78.00 36.00 [+]
Factory Orders 4.60 -3.40 41.60 -57.70 percent [+]


Slovakia 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.