Serbia is the 72 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 Serbia averaged 87.58 from 2008 until 2019, reaching an all time high of 101 in 2014 and a record low of 65 in 2018. This page provides the latest reported value for - Serbia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Serbia Competitiveness Rank - values, historical data and charts - was last updated on October of 2020.

Competitiveness Rank in Serbia is expected to reach 65.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Competitiveness Rank is projected to trend around 65.00 in 2021, according to our econometric models.

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Serbia Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
72.00 65.00 101.00 65.00 2008 - 2019 Yearly

Serbia Business Last Previous Highest Lowest Unit
Industrial Production 4.20 0.40 110.20 -58.73 percent [+]
Manufacturing Production -0.80 4.10 23.60 -24.50 percent [+]
Internet Speed 11086.42 10523.37 11086.42 804.13 KBps [+]
IP Addresses 1302521.00 1307324.00 1389840.00 152042.00 IP [+]
Industrial Production Mom 3.60 7.20 15.10 -16.40 percent [+]
Ease of Doing Business 44.00 48.00 93.00 43.00 [+]
Competitiveness Index 60.85 60.88 60.88 3.76 Points [+]
Competitiveness Rank 72.00 65.00 101.00 65.00 [+]
Corruption Index 39.00 39.00 42.00 23.00 Points [+]
Corruption Rank 91.00 87.00 106.00 71.00 [+]
Steel Production 119.60 115.20 189.10 0.00 Thousand Tonnes [+]
Mining Production 1.70 -0.20 39.60 -32.10 percent [+]


Serbia 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.