Czech Republic is the 32 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 Czech Republic averaged 34.23 from 2007 until 2019, reaching an all time high of 46 in 2014 and a record low of 29 in 2017. source: World Economic Forum


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Czech Republic Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
32.00 29.00 46.00 29.00 2007 - 2019 Yearly


Czech Republic 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.

Czech Republic Business Last Previous Highest Lowest Unit
Business Confidence 91.60 91.50 106.60 69.10 points [+]
Manufacturing PMI 43.60 43.50 59.80 43.10 points [+]
Industrial Production -3.20 -0.40 14.50 -20.70 percent [+]
Industrial Production Mom -1.10 -0.10 4.40 -5.40 percent [+]
Manufacturing Production -3.20 -0.70 21.00 -23.90 percent [+]
New Orders 97.10 95.23 217.39 70.18 points [+]
Changes in Inventories 6.52 -4.68 36.01 -16.14 CZK Billion [+]
Car Registrations 18707.00 20163.00 27830.00 8356.00 [+]
Internet Speed 16938.04 17252.82 17768.42 3672.45 KBps [+]
IP Addresses 1720644.00 1710120.00 2231060.00 1053892.00 IP [+]
Mining Production -8.20 -7.30 17.80 -22.80 percent [+]
Steel Production 260.00 270.50 697.00 235.00 Thousand Tonnes [+]
Competitiveness Index 70.85 71.18 71.18 4.43 Points [+]
Competitiveness Rank 32.00 29.00 46.00 29.00 [+]
Corporate Profits 323281.00 308944.00 328392.00 -2717.06 CZK Million [+]
Ease of Doing Business 41.00 35.00 75.00 26.00 [+]
Electricity Production 8013.00 7002.00 8650.00 5516.00 Gigawatt-hour [+]
Corruption Index 59.00 57.00 59.00 37.00 Points [+]
Corruption Rank 38.00 42.00 57.00 25.00 [+]