Trinidad and Tobago scored 58.30 points out of 100 on the 2019 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Trinidad and Tobago averaged 16.41 Points from 2007 until 2019, reaching an all time high of 58.30 Points in 2019 and a record low of 3.85 Points in 2009. This page provides the latest reported value for - Trinidad and Tobago Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Trinidad and Tobago Competitiveness Index - values, historical data and charts - was last updated on June of 2021.

Competitiveness Index in Trinidad and Tobago is expected to reach 4.15 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Trinidad and Tobago Competitiveness Index is projected to trend around 4.15 Points in 2021 and 60.88 Points in 2022, according to our econometric models.

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Trinidad and Tobago Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
58.30 57.88 58.30 3.85 2007 - 2019 Points Yearly

Trinidad and Tobago Business Last Previous Highest Lowest Unit
Internet Speed 9569.96 9589.69 9589.69 540.27 KBps [+]
IP Addresses 175628.00 172771.00 227795.00 33966.00 IP [+]
Industrial Production 1.10 -5.80 24.20 -14.20 percent [+]
Industrial Production Mom 3.10 0.30 15.70 -19.30 percent [+]
Ease of Doing Business 105.00 105.00 105.00 63.00 [+]
Capacity Utilization 60.40 59.20 74.00 59.20 percent [+]
Cement Production 66326.00 65035.00 95156.00 0.00 Tonnes [+]
Competitiveness Index 58.30 57.88 58.30 3.85 Points [+]
Competitiveness Rank 79.00 78.00 92.00 76.00 [+]
Corruption Index 40.00 40.00 53.00 32.00 Points [+]
Corruption Rank 86.00 85.00 101.00 31.00 [+]


Trinidad and Tobago 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.