Lithuania scored 68.35 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Lithuania averaged 18.94 Points from 2007 until 2019, reaching an all time high of 68.35 Points in 2019 and a record low of 4.29 Points in 2010. This page provides the latest reported value for - Lithuania Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lithuania Competitiveness Index - values, historical data and charts - was last updated on May of 2021.

Competitiveness Index in Lithuania is expected to reach 68.62 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania Competitiveness Index is projected to trend around 69.62 Points in 2021 and 70.12 Points in 2022, according to our econometric models.

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Lithuania Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
68.35 67.12 68.35 4.29 2007 - 2019 Points Yearly

Lithuania Business Last Previous Highest Lowest Unit
Business Confidence 3.10 1.10 14.00 -38.00 points [+]
Industrial Production 14.50 9.80 40.00 -26.10 percent [+]
Industrial Production Mom 4.50 2.80 22.10 -17.40 percent [+]
Manufacturing Production 12.40 1.30 35.70 -31.40 percent [+]
Capacity Utilization 77.00 72.40 77.80 44.10 percent [+]
Changes in Inventories -1524.00 -541.70 632.60 -1524.00 EUR Million [+]
Car Registrations 3073.00 2235.00 4682.00 435.00 [+]
Internet Speed 14619.89 14565.38 15105.13 1613.98 KBps [+]
IP Addresses 1350900.00 1301324.00 1350900.00 380646.00 IP [+]
Mining Production -15.30 12.10 58.60 -48.10 percent [+]
Corruption Index 60.00 60.00 61.00 38.00 Points [+]
Corruption Rank 35.00 35.00 58.00 32.00 [+]
Ease of Doing Business 11.00 14.00 27.00 11.00 [+]
Electricity Production 362.51 364.08 1406.00 155.00 Gigawatt-hour [+]
Bankruptcies 165.00 128.00 898.00 113.00 Companies [+]
Competitiveness Index 68.35 67.12 68.35 4.29 Points [+]
Competitiveness Rank 39.00 40.00 53.00 36.00 [+]


Lithuania 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.