Romania scored 64.36 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Romania averaged 17.78 Points from 2007 until 2019, reaching an all time high of 64.36 Points in 2019 and a record low of 3.97 Points in 2008. This page provides the latest reported value for - Romania Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania Competitiveness Index - values, historical data and charts - was last updated on November of 2020.

Competitiveness Index in Romania is expected to reach 64.96 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Competitiveness Index is projected to trend around 65.96 Points in 2021 and 66.46 Points in 2022, according to our econometric models.

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Romania Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
64.36 63.46 64.36 3.97 2007 - 2019 Points Yearly

Romania Business Last Previous Highest Lowest Unit
Industrial Production -2.80 -3.70 17.90 -38.70 percent [+]
Industrial Production Mom 1.50 5.30 16.30 -27.90 percent [+]
Manufacturing Production -2.10 -4.60 21.70 -44.50 percent [+]
Capacity Utilization 69.30 66.90 86.40 66.90 percent [+]
Changes in Inventories -35857.00 -306.10 5566.30 -35857.00 RON Million [+]
Car Registrations 134258.00 98279.00 189612.00 19411.00 [+]
Internet Speed 16990.81 16123.71 16990.81 3458.38 KBps [+]
IP Addresses 3664561.00 3646075.00 3664561.00 1423800.00 IP [+]
Mining Production -9.30 -10.10 20.10 -21.90 percent [+]
New Orders 166.80 124.00 166.80 37.60 points [+]
Business Confidence -7.30 -6.10 27.30 -27.10 points [+]
Competitiveness Index 64.36 63.46 64.36 3.97 Points [+]
Competitiveness Rank 51.00 52.00 78.00 51.00 [+]
Corruption Index 44.00 47.00 48.00 26.00 Points [+]
Corruption Rank 70.00 61.00 87.00 37.00 [+]
Factory Orders 14.20 -3.20 42.30 -43.10 percent [+]
Ease Of Doing Business 55.00 52.00 55.00 35.00 [+]
Electricity Production 5222.00 4901.00 6455.00 4211.00 Gigawatt-hour [+]


Romania 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.