Dominican Republic scored 58.31 points out of 100 on the 2019 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Dominican Republic averaged 16.05 Points from 2007 until 2019, reaching an all time high of 58.31 Points in 2019 and a record low of 3.65 Points in 2008. This page provides the latest reported value for - Dominican Republic Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Dominican Republic Competitiveness Index - values, historical data and charts - was last updated on August of 2021.

Competitiveness Index in Dominican Republic is expected to reach 3.89 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Competitiveness Index is projected to trend around 59.88 Points in 2021 and 60.38 Points in 2022, according to our econometric models.

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Dominican Republic Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
58.31 57.38 58.31 3.65 2007 - 2019 Points Yearly

Dominican Republic Business Last Previous Highest Lowest Unit
Internet Speed 4430.06 4096.20 4430.06 366.24 KBps [+]
IP Addresses 906609.00 874626.00 906609.00 152367.00 IP [+]
Leading Economic Index 21.20 47.10 47.10 -29.80 percent [+]
Business Confidence 56.70 57.60 58.80 46.50 points [+]
Ease of Doing Business 115.00 102.00 117.00 86.00 [+]
Changes In Inventories -15992.00 -23882.60 20950.35 -40973.83 DOP Millions [+]
Competitiveness Index 58.31 57.38 58.31 3.65 Points [+]
Competitiveness Rank 78.00 82.00 110.00 78.00 [+]
Corruption Index 28.00 28.00 35.00 26.00 Points [+]
Corruption Rank 137.00 137.00 137.00 59.00 [+]


Dominican Republic 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.