Kuwait is the 46 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 Kuwait averaged 38.92 from 2007 until 2019, reaching an all time high of 56 in 2017 and a record low of 30 in 2008. source: World Economic Forum

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Kuwait Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
46.00 54.00 56.00 30.00 2007 - 2019 Yearly

Kuwait 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.

Kuwait Business Last Previous Highest Lowest Unit
Internet Speed 7920.05 9026.02 9026.02 1025.64 KBps [+]
IP Addresses 126534.00 135358.00 990909.00 69969.00 IP [+]
Crude Oil Rigs 34.00 32.00 47.00 1.00 [+]
Ease of Doing Business 83.00 97.00 104.00 52.00 [+]
Competitiveness Index 65.10 62.14 65.10 4.50 Points [+]
Competitiveness Rank 46.00 54.00 56.00 30.00 [+]
Corruption Index 41.00 39.00 53.00 39.00 Points [+]
Corruption Rank 78.00 85.00 85.00 35.00 [+]