Madagascar is the 132 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. source: World Economic Forum

Competitiveness Rank in Madagascar averaged 125.54 from 2007 until 2019, reaching an all time high of 132 in 2014 and a record low of 111 in 2007. This page provides the latest reported value for - Madagascar Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Madagascar Competitiveness Rank - values, historical data and charts - was last updated on October of 2020.

Competitiveness Rank in Madagascar is expected to reach 121.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Madagascar Competitiveness Rank is projected to trend around 121.00 in 2021, according to our econometric models.

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Madagascar Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
132.00 121.00 132.00 111.00 2007 - 2019 Yearly

Madagascar Business Last Previous Highest Lowest Unit
Car Registrations 435.00 756.00 1962.00 435.00 [+]
Internet Speed 3319.52 3328.88 3788.45 144.81 KBps [+]
IP Addresses 34386.00 31727.00 34386.00 3167.00 IP [+]
Competitiveness Index 42.86 3.40 42.86 3.32 Points [+]
Competitiveness Rank 132.00 121.00 132.00 111.00 [+]
Ease of Doing Business 161.00 161.00 169.00 134.00 [+]
Electricity Production 156.58 148.66 164.58 106.39 Gigawatt-hour [+]
Corruption Index 24.00 25.00 34.00 17.00 Points [+]
Corruption Rank 158.00 152.00 158.00 82.00 [+]

Madagascar 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.