Albania is the 81 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.

Competitiveness Rank in Albania averaged 91.38 from 2007 until 2019, reaching an all time high of 109 in 2008 and a record low of 76 in 2018. This page provides the latest reported value for - Albania Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Albania Competitiveness Rank - values, historical data and charts - was last updated on October of 2020. source: World Economic Forum

Competitiveness Rank in Albania is expected to reach 76.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Competitiveness Rank is projected to trend around 76.00 in 2021, according to our econometric models.

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Albania Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
81.00 76.00 109.00 76.00 2007 - 2019 Yearly

Albania Business Last Previous Highest Lowest Unit
Business Confidence -20.30 -30.10 5.50 -30.10 points [+]
Industrial Production -11.20 5.40 45.70 -25.80 percent [+]
Internet Speed 6792.76 6965.09 6965.09 811.24 KBps [+]
IP Addresses 122132.00 102515.00 122132.00 6336.00 IP [+]
Mining Production -18.70 9.60 102.40 -45.20 percent [+]
Manufacturing Production -8.00 3.90 38.56 -17.76 percent [+]
Ease of Doing Business 82.00 63.00 108.00 58.00 [+]
Corruption Index 35.00 36.00 39.00 23.00 Points [+]
Corruption Rank 106.00 99.00 126.00 81.00 [+]
Competitiveness Index 57.61 58.10 58.10 3.48 Points [+]
Competitiveness Rank 81.00 76.00 109.00 76.00 [+]

Albania 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.