Greece is the 59 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 Greece averaged 73.46 from 2007 until 2019, reaching an all time high of 96 in 2013 and a record low of 53 in 2017. This page provides the latest reported value for - Greece Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Competitiveness Rank - values, historical data and charts - was last updated on September of 2020. source: World Economic Forum

Competitiveness Rank in Greece is expected to reach 57.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Competitiveness Rank is projected to trend around 57.00 in 2021, according to our econometric models.

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Greece Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
59.00 57.00 96.00 53.00 2007 - 2019 Yearly

Greece Business Last Previous Highest Lowest Unit
Business Confidence 90.70 90.80 120.70 79.30 points [+]
Manufacturing PMI 49.40 48.60 56.60 29.50 points [+]
Industrial Production -0.20 -4.60 11.90 -13.80 percent [+]
Industrial Production Mom 3.90 2.90 6.90 -8.50 percent [+]
Manufacturing Production 0.00 -0.60 18.70 -17.50 percent [+]
Capacity Utilization 69.20 70.70 83.80 61.30 percent [+]
New Orders -43.00 -40.00 6.00 -61.00 percent [+]
Car Registrations 9516.00 8249.00 33583.00 2434.00 [+]
Internet Speed 7862.25 7493.34 7862.25 1525.02 KBps [+]
IP Addresses 3133476.00 3041354.00 3386040.00 709673.00 IP [+]
Mining Production 5.00 -18.10 38.50 -28.30 percent [+]
Steel Production 75.00 95.00 261.00 15.00 Thousand Tonnes [+]
Changes In Inventories -670.68 -1275.66 3180.26 -1929.97 EUR Million [+]
Competitiveness Index 62.58 62.10 62.58 3.86 Points [+]
Competitiveness Rank 59.00 57.00 96.00 53.00 [+]
Corruption Index 48.00 45.00 53.50 34.00 Points [+]
Corruption Rank 60.00 67.00 94.00 25.00 [+]
Ease of Doing Business 79.00 72.00 109.00 58.00 [+]
Electricity Production 3844.00 3354.00 5876.00 1976.00 Gigawatt-hour [+]


Greece 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.