Germany is the 7 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 Germany averaged 5.31 from 2007 until 2019, reaching an all time high of 7 in 2007 and a record low of 3 in 2017. This page provides the latest reported value for - Germany Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Competitiveness Rank - values, historical data and charts - was last updated on November of 2020.

Competitiveness Rank in Germany is expected to reach 3.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Competitiveness Rank is projected to trend around 3.00 in 2021, according to our econometric models.

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Germany Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
7.00 3.00 7.00 3.00 2007 - 2019 Yearly

Germany Business Last Previous Highest Lowest Unit
Business Confidence 90.70 92.50 109.80 75.40 points [+]
Manufacturing PMI 57.90 58.20 63.30 32.00 points [+]
Services PMI 46.20 49.50 60.30 16.20 points [+]
Composite PMI 52.00 55.00 59.00 17.40 points [+]
Industrial Production -7.30 -8.70 15.30 -24.50 percent [+]
Industrial Production Mom 1.60 0.50 9.40 -17.20 percent [+]
Manufacturing Production -8.70 -10.80 15.50 -29.70 percent [+]
Capacity Utilization 79.80 74.90 88.80 70.30 percent [+]
New Orders 99.90 99.00 113.60 8.80 points [+]
Factory Orders 0.50 4.90 28.80 -26.00 percent [+]
Changes in Inventories -22.21 -14.07 11.57 -22.21 EUR Billion [+]
Bankruptcies 1051.00 1369.00 3755.00 416.00 Companies [+]
Corporate Profits 163.31 148.45 189.67 92.45 EUR Billion [+]
Zew Economic Sentiment Index 39.00 56.10 89.60 -63.90 [+]
Car Production 382300.00 369300.00 583399.00 10900.00 Units [+]
Car Registrations 274303.00 265227.00 552865.00 43460.00 [+]
Internet Speed 15298.72 14588.37 15298.72 3207.62 KBps [+]
IP Addresses 38794861.00 38344874.00 38794861.00 18134106.00 IP [+]
Mining Production -4.30 -5.40 46.60 -30.40 percent [+]
Steel Production 3417.00 3017.99 4744.00 907.00 Thousand Tonnes [+]
Competitiveness Index 81.80 82.84 82.84 5.37 Points [+]
Competitiveness Rank 7.00 3.00 7.00 3.00 [+]
Ease of Doing Business 22.00 24.00 27.00 14.00 [+]
Corruption Index 80.00 80.00 82.70 73.00 Points [+]
Corruption Rank 9.00 11.00 20.00 9.00 [+]


Germany 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.