Senegal is the 114 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 Senegal averaged 107.75 from 2008 until 2019, reaching an all time high of 117 in 2013 and a record low of 92 in 2010. This page provides the latest reported value for - Senegal Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Senegal Competitiveness Rank - values, historical data and charts - was last updated on January of 2021.

Competitiveness Rank in Senegal is expected to reach 113.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal Competitiveness Rank is projected to trend around 113.00 in 2021, according to our econometric models.

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Senegal Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
114.00 113.00 117.00 92.00 2008 - 2019 Yearly

Senegal Business Last Previous Highest Lowest Unit
Industrial Production 14.60 5.10 26.90 -22.40 percent [+]
Internet Speed 2017.37 2006.42 2017.37 472.51 KBps [+]
IP Addresses 104017.00 99430.00 113145.00 21476.00 IP [+]
Mining Production -4.20 -21.50 78.90 -54.40 percent [+]
Industrial Production Mom -6.30 -5.80 29.50 -25.80 percent [+]
Capacity Utilization 71.40 79.50 91.50 50.00 percent [+]
Competitiveness Index 49.69 49.03 49.69 3.60 Points [+]
Competitiveness Rank 114.00 113.00 117.00 92.00 [+]
Ease of Doing Business 123.00 141.00 178.00 123.00 [+]
Corruption Index 45.00 45.00 45.00 29.00 Points [+]
Corruption Rank 66.00 67.00 112.00 52.00 [+]


Senegal 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.