Canada scored 79.59 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Canada averaged 22.50 Points from 2007 until 2019, reaching an all time high of 80 Points in 2017 and a record low of 5.20 Points in 2014. This page provides the latest reported value for - Canada Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Competitiveness Index - values, historical data and charts - was last updated on April of 2021.

Competitiveness Index in Canada is expected to reach 79.70 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Competitiveness Index is projected to trend around 79.80 Points in 2021 and 79.70 Points in 2022, according to our econometric models.

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Canada Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
79.59 79.92 80.00 5.20 2007 - 2019 Points Yearly

Canada Business Last Previous Highest Lowest Unit
Business Confidence 72.90 60.00 75.00 22.80 points [+]
Manufacturing PMI 58.50 54.80 58.50 33.00 points [+]
Industrial Production -1.92 -3.15 10.26 -20.21 percent [+]
Industrial Production Mom 1.70 0.50 6.20 -15.40 percent [+]
Manufacturing Production -1.25 -4.42 11.77 -29.17 percent [+]
Capacity Utilization 79.20 77.40 87.30 71.40 percent [+]
New Orders 58248895.00 54446829.00 62845337.00 14816411.00 CAD THO [+]
Changes in Inventories 1721.00 -36808.00 29175.00 -36808.00 CAD Million [+]
Bankruptcies 157.00 129.00 872.00 108.00 Companies [+]
Corporate Profits 82529.00 76478.00 109413.00 -758.00 CAD Million [+]
Car Registrations 96475.00 109345.00 220436.00 19807.00 Units [+]
Leading Economic Index 0.70 0.10 6.20 -11.40 percent [+]
Internet Speed 16205.66 14855.09 16205.66 3293.95 KBps [+]
IP Addresses 15582991.00 15135509.00 15582991.00 8092964.00 IP [+]
Steel Production 1070.00 885.00 1534.00 349.00 Thousand Tonnes [+]
Wholesale Sales -0.40 4.00 18.50 -21.50 percent [+]
Manufacturing Sales -1.00 3.10 23.10 -27.90 percent [+]
Mining Production -2.34 -3.79 24.92 -18.40 percent [+]
Competitiveness Index 79.59 79.92 80.00 5.20 Points [+]
Competitiveness Rank 14.00 12.00 15.00 9.00 [+]
Business Climate Indicator 2.87 1.30 2.97 -8.23 points [+]
Crude Oil Rigs 108.00 171.00 715.00 18.00 [+]
Corruption Index 77.00 77.00 92.00 77.00 Points [+]
Corruption Rank 11.00 12.00 14.00 5.00 [+]
Ease of Doing Business 23.00 22.00 23.00 8.00 [+]


Canada 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.