Italy scored 71.53 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Italy averaged 19.74 Points from 2007 until 2019, reaching an all time high of 71.53 Points in 2019 and a record low of 4.30 Points in 2010. This page provides the latest reported value for - Italy Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Competitiveness Index - values, historical data and charts - was last updated on October of 2020.

Competitiveness Index in Italy is expected to reach 4.64 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Competitiveness Index is projected to trend around 4.64 Points in 2021 and 73.77 Points in 2022, according to our econometric models.

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Italy Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
71.53 70.77 71.53 4.30 2007 - 2019 Points Yearly

Italy Business Last Previous Highest Lowest Unit
Business Confidence 92.10 87.10 121.52 71.60 points [+]
Manufacturing PMI 53.20 53.10 59.00 31.10 points [+]
Services PMI 48.80 47.10 57.70 10.80 points [+]
Industrial Production -0.30 -8.30 17.50 -43.30 percent [+]
Industrial Production Mom 7.70 7.00 41.50 -27.90 percent [+]
Manufacturing Production -14.70 -22.00 19.40 -46.40 percent [+]
Capacity Utilization 63.80 76.80 81.00 63.80 percent [+]
New Orders 71.30 109.30 140.30 4.16 points [+]
Factory Orders 15.10 3.40 43.70 -31.20 percent [+]
Changes in Inventories -2141.20 2719.20 4814.20 -4252.00 EUR Million [+]
Zew Economic Sentiment Index 38.90 52.40 80.40 -61.60 [+]
Car Registrations 156132.00 136455.00 310337.00 4279.00 [+]
Internet Speed 9210.65 8669.14 9210.65 2453.86 KBps [+]
IP Addresses 13315518.00 13117319.00 18750460.00 5491532.00 IP [+]
Manufacturing Sales 5.90 8.00 42.30 -29.50 percent [+]
Mining Production 1.50 -17.50 46.90 -38.80 percent [+]
Steel Production 1794.00 939.00 3033.00 750.00 Thousand Tonnes [+]
Competitiveness Index 71.53 70.77 71.53 4.30 Points [+]
Competitiveness Rank 30.00 31.00 49.00 30.00 [+]
Composite Pmi 50.40 49.50 59.00 10.90 points [+]
Bankruptcies 3115.00 2291.00 4543.00 955.00 Companies [+]
Ease of Doing Business 58.00 51.00 87.00 44.00 [+]
Electricity Production 23243.00 23674.00 29587.00 21347.00 Gigawatt-hour [+]
Corruption Index 53.00 52.00 55.00 29.90 Points [+]
Corruption Rank 51.00 53.00 72.00 29.00 [+]


Italy Competitiveness Index
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are 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. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes 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.