Taiwan is the 12 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 Taiwan averaged 13.38 from 2007 until 2019, reaching an all time high of 17 in 2009 and a record low of 12 in 2010. This page provides the latest reported value for - Taiwan Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Taiwan Competitiveness Rank - values, historical data and charts - was last updated on June of 2021.

Competitiveness Rank in Taiwan is expected to reach 13.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Competitiveness Rank is projected to trend around 13.00 in 2021, according to our econometric models.

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Taiwan Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
12.00 13.00 17.00 12.00 2007 - 2019 Yearly

Taiwan Business Last Previous Highest Lowest Unit
Manufacturing PMI 62.00 62.40 62.40 41.90 points [+]
Industrial Production 13.62 16.06 75.71 -43.30 percent [+]
Industrial Production Mom -1.05 3.94 9.75 -16.01 percent [+]
Manufacturing Production 14.24 17.24 84.23 -45.43 percent [+]
New Orders 52294.00 54930.00 60549.00 2279.00 USD Million [+]
Changes in Inventories 8309.00 -50900.00 74009.00 -130795.00 TWD Million [+]
Bankruptcies 2380.00 2432.00 7810.00 1144.00 Companies [+]
Car Production 23327.00 22736.00 436732.00 7620.00 Units [+]
Car Registrations 22405.45 22380.41 22456.11 15439.63 Thousand [+]
Leading Economic Index 130.20 129.50 130.20 17.30 points [+]
Internet Speed 16869.04 15640.45 16869.04 2728.96 KBps [+]
IP Addresses 7115844.00 7090423.00 12042415.00 4219872.00 IP [+]
Mining Production 5.13 12.17 48.10 -37.66 percent [+]
Steel Production 1700.00 1565.00 2093.77 243.00 Thousand Tonnes [+]
Cement Production 999.55 886.39 2201.45 748.64 Thousands of Tonnes [+]
Coincident Index 132.03 130.30 132.03 20.48 points [+]
Competitiveness Index 80.24 79.25 80.24 5.20 Points [+]
Competitiveness Rank 12.00 13.00 17.00 12.00 [+]
Ease Of Doing Business 15.00 13.00 15.00 10.00 [+]
Corruption Index 65.00 65.00 65.00 49.80 Points [+]
Corruption Rank 28.00 28.00 39.00 25.00 [+]


Taiwan 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.