Uganda is the 115 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 Uganda averaged 118.23 from 2007 until 2019, reaching an all time high of 129 in 2014 and a record low of 108 in 2007. This page provides the latest reported value for - Uganda Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Competitiveness Rank - values, historical data and charts - was last updated on November of 2020.

Competitiveness Rank in Uganda is expected to reach 117.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda Competitiveness Rank is projected to trend around 117.00 in 2021, according to our econometric models.

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Uganda Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
115.00 117.00 129.00 108.00 2007 - 2019 Yearly

Uganda Business Last Previous Highest Lowest Unit
Business Confidence 51.68 50.76 65.54 33.75 points [+]
Leading Economic Index 1.02 3.81 5.53 -3.91 percent [+]
Internet Speed 2353.31 2515.97 2515.97 104.48 KBps [+]
IP Addresses 20690.00 19366.00 22382.00 1926.00 IP [+]
Ease of Doing Business 116.00 127.00 135.00 106.00 [+]
Changes In Inventories 724.40 663.70 724.40 365.40 UGX billion [+]
Competitiveness Index 48.94 46.80 48.94 3.33 Points [+]
Competitiveness Rank 115.00 117.00 129.00 108.00 [+]
Composite PMI 55.80 54.50 58.80 21.60 points [+]
Corruption Index 28.00 26.00 29.00 19.00 Points [+]
Corruption Rank 137.00 149.00 151.00 43.00 [+]


Uganda 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.