Rwanda is the 100 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 Rwanda averaged 79.33 from 2011 until 2019, reaching an all time high of 108 in 2018 and a record low of 58 in 2016. This page provides the latest reported value for - Rwanda Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Rwanda Competitiveness Rank - values, historical data and charts - was last updated on October of 2020.

Competitiveness Rank in Rwanda is expected to reach 108.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Rwanda Competitiveness Rank is projected to trend around 108.00 in 2021, according to our econometric models.

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Rwanda Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
100.00 108.00 108.00 58.00 2011 - 2019 Yearly

Rwanda Business Last Previous Highest Lowest Unit
Industrial Production -6.00 -6.40 49.30 -40.70 percent [+]
Manufacturing Production 8.10 -8.30 35.30 -43.50 percent [+]
Internet Speed 7689.31 8324.45 11299.01 103.05 KBps [+]
IP Addresses 10599.00 10257.00 10599.00 2738.00 IP [+]
Mining Production -18.30 34.50 184.20 -72.70 percent [+]
Ease of Doing Business 38.00 29.00 143.00 29.00 [+]
Changes In Inventories -64.00 -16.00 97.00 -64.00 RWF Billion [+]
Competitiveness Index 52.82 50.94 52.82 3.99 Points [+]
Competitiveness Rank 100.00 108.00 108.00 58.00 [+]
Corruption Index 53.00 56.00 56.00 25.00 Points [+]
Corruption Rank 51.00 48.00 121.00 44.00 [+]


Rwanda 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.