Bosnia and Herzegovina is the 92 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 Bosnia and Herzegovina averaged 97.08 from 2007 until 2019, reaching an all time high of 111 in 2016 and a record low of 82 in 2007. This page provides the latest reported value for - Bosnia and Herzegovina Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bosnia and Herzegovina Competitiveness Rank - values, historical data and charts - was last updated on October of 2020.

Competitiveness Rank in Bosnia and Herzegovina is expected to reach 91.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bosnia and Herzegovina Competitiveness Rank is projected to trend around 91.00 in 2021, according to our econometric models.

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Bosnia and Herzegovina Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
92.00 91.00 111.00 82.00 2007 - 2019 Yearly

Bosnia and Herzegovina Business Last Previous Highest Lowest Unit
Industrial Production -3.70 -6.70 28.80 -17.90 percent [+]
Manufacturing Production -2.70 -4.00 35.80 -24.90 percent [+]
Internet Speed 8562.09 8309.60 8562.09 1068.21 KBps [+]
IP Addresses 497687.00 483243.00 514552.00 59058.00 IP [+]
Steel Production 40.00 40.00 82.87 0.00 Thousand Tonnes [+]
Mining Production -4.10 -8.10 39.80 -19.40 percent [+]
Industrial Production Mom 3.80 -1.60 12.90 -19.60 percent [+]
Ease of Doing Business 90.00 89.00 131.00 79.00 [+]
Competitiveness Index 54.73 54.16 54.73 3.52 Points [+]
Competitiveness Rank 92.00 91.00 111.00 82.00 [+]
Corruption Index 36.00 38.00 42.00 29.00 Points [+]
Corruption Rank 101.00 89.00 101.00 70.00 [+]

Bosnia and Herzegovina 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.