Jamaica is the 80 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Rank in Jamaica averaged 86.46 from 2007 until 2019, reaching an all time high of 107 in 2012 and a record low of 67 in 2007. This page provides the latest reported value for - Jamaica Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Jamaica Competitiveness Rank - values, historical data and charts - was last updated on July of 2021.

Competitiveness Rank in Jamaica is expected to reach 79.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Competitiveness Rank is projected to trend around 79.00 in 2021, according to our econometric models.

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Jamaica Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
80.00 79.00 107.00 67.00 2007 - 2019 Yearly

Jamaica Business Last Previous Highest Lowest Unit
Internet Speed 6789.74 6575.90 6789.74 1258.47 KBps [+]
IP Addresses 166943.00 164347.00 175378.00 60356.00 IP [+]
Ease of Doing Business 71.00 75.00 94.00 65.00 [+]
Competitiveness Index 58.25 57.88 58.25 3.76 Points [+]
Competitiveness Rank 80.00 79.00 107.00 67.00 [+]
Corruption Index 44.00 43.00 44.00 30.00 Points [+]
Corruption Rank 69.00 74.00 99.00 45.00 [+]


Jamaica 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.