South Africa is the 60 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 South Africa averaged 51.69 from 2007 until 2019, reaching an all time high of 67 in 2018 and a record low of 35 in 2007. This page provides the latest reported value for - South Africa Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Competitiveness Rank - values, historical data and charts - was last updated on July of 2021.
Competitiveness Rank in South Africa is expected to reach 58.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Competitiveness Rank is projected to trend around 60.00 in 2021 and 62.00 in 2022, according to our econometric models.