Guinea is the 122 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 Guinea averaged 134.71 from 2013 until 2019, reaching an all time high of 147 in 2014 and a record low of 122 in 2019. This page provides the latest reported value for - Guinea Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Guinea Competitiveness Rank - values, historical data and charts - was last updated on August of 2020. source: World Economic Forum

Competitiveness Rank in Guinea is expected to reach 126.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Competitiveness Rank is projected to trend around 126.00 in 2021, according to our econometric models.

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Guinea Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
122.00 126.00 147.00 122.00 2013 - 2019 Yearly

Guinea Business Last Previous Highest Lowest Unit
Internet Speed 2034.56 2052.72 2052.72 104.33 KBps [+]
IP Addresses 1400.00 1378.00 2783.00 647.00 IP [+]
Ease of Doing Business 156.00 152.00 179.00 152.00 [+]
Competitiveness Index 46.13 43.23 46.13 2.79 Points [+]
Competitiveness Rank 122.00 126.00 147.00 122.00 [+]
Corruption Index 29.00 28.00 29.00 16.00 Points [+]
Corruption Rank 130.00 138.00 173.00 130.00 [+]


Guinea 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.