Nepal is the 108 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 Nepal averaged 114.85 from 2007 until 2019, reaching an all time high of 130 in 2011 and a record low of 100 in 2016. This page provides the latest reported value for - Nepal Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nepal Competitiveness Rank - values, historical data and charts - was last updated on October of 2020.

Competitiveness Rank in Nepal is expected to reach 109.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Competitiveness Rank is projected to trend around 109.00 in 2021, according to our econometric models.

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Nepal Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
108.00 109.00 130.00 100.00 2007 - 2019 Yearly

Nepal Business Last Previous Highest Lowest Unit
Internet Speed 3368.69 3233.18 3774.41 432.69 KBps [+]
IP Addresses 181620.00 194089.00 318361.00 12331.00 IP [+]
Ease of Doing Business 94.00 110.00 123.00 94.00 [+]
Corruption Index 34.00 31.00 34.00 22.00 Points [+]
Corruption Rank 113.00 124.00 154.00 90.00 [+]
Changes In Inventories 320487.00 338855.00 338855.00 -54.00 NPR Million [+]
Competitiveness Index 51.57 50.79 51.57 3.34 Points [+]
Competitiveness Rank 108.00 109.00 130.00 100.00 [+]


Nepal 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.