Ireland is the 24 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 Ireland averaged 24.85 from 2007 until 2019, reaching an all time high of 29 in 2011 and a record low of 22 in 2008. source: World Economic Forum

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Ireland Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
24.00 23.00 29.00 22.00 2007 - 2019 Yearly


Ireland 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.

Ireland Business Last Previous Highest Lowest Unit
Business Confidence -26.00 1.00 50.00 -26.00 percent [+]
Manufacturing PMI 49.50 49.70 59.10 48.20 points [+]
Services PMI 55.90 53.70 64.00 48.30 points [+]
Industrial Production -2.60 -3.30 60.00 -19.20 percent [+]
Industrial Production Mom -4.00 -5.20 32.90 -24.00 percent [+]
Manufacturing Production -2.90 -3.80 85.90 -20.10 percent [+]
Changes in Inventories 260.00 -1244.00 3584.00 -1244.00 EUR Million [+]
Car Registrations 729.00 1676.00 32961.00 474.00 [+]
Internet Speed 15614.31 15285.23 16960.56 2269.39 KBps [+]
IP Addresses 1663376.00 1600356.00 1719799.00 775588.00 IP [+]
Competitiveness Index 75.12 75.68 75.96 4.74 Points [+]
Competitiveness Rank 24.00 23.00 29.00 22.00 [+]
Ease of Doing Business 24.00 23.00 24.00 7.00 [+]
Electricity Production 2458.00 2194.00 2820.00 1747.00 Gigawatt-hour [+]
Corruption Index 73.00 74.00 85.70 69.00 Points [+]
Corruption Rank 18.00 19.00 25.00 11.00 [+]