Macedonia scored 57.33 points out of 100 on the 2019 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Macedonia averaged 12.18 Points from 2007 until 2019, reaching an all time high of 57.33 Points in 2019 and a record low of 3.73 Points in 2008. This page provides the latest reported value for - Macedonia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Competitiveness Index - values, historical data and charts - was last updated on July of 2021.

Competitiveness Index in Macedonia is expected to reach 58.12 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Competitiveness Index is projected to trend around 59.12 Points in 2021 and 59.62 Points in 2022, according to our econometric models.

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Macedonia Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
57.33 56.62 57.33 3.73 2007 - 2019 Points Yearly

Macedonia Business Last Previous Highest Lowest Unit
Industrial Production 16.50 46.10 46.10 -33.50 percent [+]
Manufacturing Production 64.40 6.30 64.40 -40.60 percent [+]
Changes in Inventories 91618.93 79359.30 91618.93 7337.00 MKD Million [+]
Internet Speed 7707.57 7775.41 7775.41 1236.37 KBps [+]
IP Addresses 377561.00 405430.00 421547.00 56872.00 IP [+]
Competitiveness Index 57.33 56.62 57.33 3.73 Points [+]
Competitiveness Rank 82.00 84.00 94.00 60.00 [+]
Business Confidence 28.60 28.90 35.20 -35.80 points [+]
Corruption Index 35.00 35.00 45.00 23.00 Points [+]
Corruption Rank 111.00 106.00 111.00 62.00 [+]
Ease of Doing Business 17.00 10.00 69.00 10.00 [+]
Steel Production 32.80 25.00 38.00 0.00 Thousand Tonnes [+]


Macedonia 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.