Sweden scored 81.25 points out of 100 on the 2019 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Sweden averaged 23.04 Points from 2007 until 2019, reaching an all time high of 81.66 Points in 2018 and a record low of 5.40 Points in 2015. This page provides the latest reported value for - Sweden Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Competitiveness Index - values, historical data and charts - was last updated on July of 2021.

Competitiveness Index in Sweden is expected to reach 83.16 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Competitiveness Index is projected to trend around 84.16 Points in 2021 and 84.66 Points in 2022, according to our econometric models.

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Sweden Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
81.25 81.66 81.66 5.40 2007 - 2019 Points Yearly

Sweden Business Last Previous Highest Lowest Unit
Business Confidence 118.80 116.40 118.80 56.80 points [+]
Manufacturing PMI 65.80 66.00 70.40 34.00 points [+]
Services PMI 67.40 71.70 71.70 34.40 points [+]
Industrial Production 24.20 27.10 27.10 -26.90 percent [+]
Industrial Production Mom 0.10 0.90 8.60 -17.00 percent [+]
Manufacturing Production 24.80 28.60 28.60 -23.70 percent [+]
Capacity Utilization 89.40 88.00 91.30 76.00 percent [+]
New Orders 121.00 115.50 133.80 73.00 points [+]
Changes in Inventories 15490.00 -25593.00 41491.00 -28911.00 SEK Million [+]
Bankruptcies 728.00 605.00 2148.00 276.00 Companies [+]
Car Registrations 37638.00 25713.00 67553.00 7205.00 [+]
Internet Speed 22543.09 22846.85 22846.85 4526.74 KBps [+]
IP Addresses 5500163.00 5448834.00 6962118.00 3403447.00 IP [+]
Mining Production 8.10 0.50 104.90 -49.80 percent [+]
Steel Production 410.05 400.00 564.00 11.00 Thousand Tonnes [+]
Competitiveness Index 81.25 81.66 81.66 5.40 Points [+]
Competitiveness Rank 8.00 9.00 10.00 2.00 [+]
Business Inventories 1516.30 -5026.01 18820.86 -15697.46 SEK Million [+]
Corruption Index 85.00 85.00 95.00 84.00 Points [+]
Corruption Rank 3.00 4.00 6.00 1.00 [+]
Ease of Doing Business 10.00 12.00 18.00 9.00 [+]
Electricity Production 12504.11 14758.59 16688.69 8753.00 Gigawatt-hour [+]


Sweden 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.