South Africa scored 62.44 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in South Africa averaged 17.53 Points from 2007 until 2019, reaching an all time high of 62.44 Points in 2019 and a record low of 4.31 Points in 2011. This page provides the latest reported value for - South Africa Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Competitiveness Index - values, historical data and charts - was last updated on January of 2021.

Competitiveness Index in South Africa is expected to reach 61.00 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Competitiveness Index is projected to trend around 62.30 Points in 2021 and 63.40 Points in 2022, according to our econometric models.

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South Africa Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
62.44 60.76 62.44 4.31 2007 - 2019 Points Yearly

South Africa Business Last Previous Highest Lowest Unit
Business Confidence 40.00 24.00 92.00 5.00 points [+]
Manufacturing PMI 50.30 52.60 60.90 30.32 points [+]
Industrial Production -3.50 -3.40 18.50 -48.70 percent [+]
Industrial Production Mom -1.30 3.20 28.00 -43.70 percent [+]
Capacity Utilization 73.10 61.20 86.20 61.20 percent [+]
Changes in Inventories -156198.00 -48374.00 66699.00 -156198.00 ZAR Million [+]
Bankruptcies 272.00 215.00 511.00 0.00 Companies [+]
Total Vehicle Sales 37493.00 39081.00 65689.00 574.00 [+]
Car Registrations 24784.00 25508.00 43659.00 105.00 [+]
Leading Economic Index 3.10 1.70 4.60 -6.80 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Steel Production 325.60 379.70 885.00 3.00 Thousand Tonnes [+]
Mining Production -6.30 -3.40 23.20 -50.30 percent [+]
Coincident Index 93.40 92.00 141.17 70.10 points [+]
Competitiveness Index 62.44 60.76 62.44 4.31 Points [+]
Competitiveness Rank 60.00 67.00 67.00 35.00 [+]
Composite PMI 50.20 50.30 52.70 32.50 points [+]
Corruption Index 44.00 43.00 56.80 41.00 Points [+]
Corruption Rank 70.00 73.00 73.00 23.00 [+]
Ease of Doing Business 84.00 82.00 84.00 32.00 [+]
Electricity Production 20150.00 20977.00 23801.00 10439.00 Gigawatt-hour [+]
Gold Production -3.90 -0.70 75.70 -60.70 percent [+]


South Africa 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.