Australia: Competitiveness

* indicates monthly or quarterly data series
 Australia

Competitiveness - World Economic Forum index (0-100)

 Latest value 78.7
 Year 2019
 Measure points
 Data availability 2018 - 2019
 Average 78.8
 Min - Max 78.7 - 78.9
 Source The World Economic Forum
For that indicator, we provide data for Australia from 2018 to 2019. The average value for Australia during that period was 78.8 points with a minimum of 78.7 points in 2019 and a maximum of 78.9 points in 2018. The latest value from 2019 is 78.7 points. For comparison, the world average in 2019 based on 140 countries is 60.61 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Australia - Competitiveness - recent values




Definition: The Global Competitiveness index is composed of 12 pillars of competitiveness: Institutions, Infrastructure, ICT adoption, Macroeconomic stability, Health, Skills, Product market, Labor market, Financial system, market size, Business, dynamism, and Innovation capability.


 Related indicators Latest value Reference Measure
 Rule of law 1.51 2022 points
 Government effectiveness 1.53 2022 points
 Control of corruption 1.76 2022 points
 Regulatory quality 1.89 2022 points
 Voice and accountability 1.32 2022 points
 Political stability 0.93 2022 points
 Corruption perceptions - Transparency International 75 2022 points
 Political rights 1 2020 points
 Civil liberties 1 2020 points
 Competitiveness 78.70 2019 points
 Cost of starting a business 0.70 2019 percent of per capita GNI
 Shadow economy 8.10 2015 percent
 Informal economy, MIMIC method 14.00 2020 percent
 Informal economy, DGE method 12.60 2020 percent
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