Turkey is the 61 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 Turkey averaged 55.23 from 2007 until 2019, reaching an all time high of 63 in 2009 and a record low of 43 in 2013. This page provides the latest reported value for - Turkey Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Competitiveness Rank - values, historical data and charts - was last updated on May of 2021.

Competitiveness Rank in Turkey is expected to reach 61.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Competitiveness Rank is projected to trend around 61.00 in 2021, according to our econometric models.

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Turkey Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
61.00 61.00 63.00 43.00 2007 - 2019 Yearly

Turkey Business Last Previous Highest Lowest Unit
Business Confidence 111.00 110.80 123.30 52.60 points [+]
Manufacturing PMI 50.40 52.60 56.90 33.40 points [+]
Industrial Production 16.60 8.90 27.30 -31.40 percent [+]
Industrial Production Mom 0.70 0.20 19.30 -30.60 percent [+]
Manufacturing Production 9.30 12.10 25.60 -33.40 percent [+]
Capacity Utilization 75.90 74.70 82.00 58.70 percent [+]
Changes in Inventories 50854876.10 93859166.50 93859166.50 -56495309.70 TRY THO [+]
Bankruptcies 1015.00 775.00 3179.00 11.00 Companies [+]
Total Vehicle Sales 61488.00 96428.00 156173.00 1764.00 Units [+]
Car Production 123427.00 116088.00 163460.00 1421.00 Units [+]
Car Registrations 130420.00 75902.00 157531.00 5921.00 [+]
Leading Economic Index 7.56 3.61 12.17 -8.57 percent [+]
Internet Speed 7557.69 7551.73 7560.46 1008.59 KBps [+]
IP Addresses 8079762.00 7904681.00 9682770.00 2632946.00 IP [+]
Corruption Index 40.00 39.00 50.00 31.00 Points [+]
Corruption Rank 86.00 91.00 91.00 29.00 [+]
Ease of Doing Business 33.00 43.00 73.00 33.00 [+]
Electricity Production 22930.15 25698.14 29183.00 14829.00 Gigawatt-hour [+]
Competitiveness Index 62.14 61.60 62.14 4.13 Points [+]
Competitiveness Rank 61.00 61.00 63.00 43.00 [+]
Mining Production 15.90 14.50 39.90 -27.70 percent [+]
Steel Production 3400.00 3000.00 3403.38 152.00 Thousand Tonnes [+]


Turkey 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.