Barbados: Competitiveness

* indicates monthly or quarterly data series
 Barbados

Competitiveness - World Economic Forum index (0-100)

 Latest value 58.90
 Year 2019
 Measure points
 Data availability 2019 - 2019
 Average 58.90
 Min - Max 58.90 - 58.90
 Source The World Economic Forum
The latest value from 2019 is 58.9 points, unavailable from points in . In comparison, the world average is 60.61 points, based on data from 140 countries. Historically, the average for Barbados from 2019 to 2019 is 58.9 points. The minimum value, 58.9 points, was reached in 2019 while the maximum of 58.9 points was recorded in 2019. See the global rankings for that indicator or use the country comparator to compare trends over time. The value of that indicator for 2019 is 58.9 points.
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Recent data
Barbados - Competitiveness - Recent values chart




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.

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 Related indicators Latest Reference Measure
 Rule of law 0.41 2023 points
 Government effectiveness 0.38 2023 points
 Control of corruption 1.34 2023 points
 Regulatory quality 0.50 2023 points
 Voice and accountability 1.16 2023 points
 Political stability 1.19 2023 points
 Corruption perceptions - Transparency International 69 2023 points
 Political rights 1 2024 points
 Civil liberties 1 2024 points
 Competitiveness 58.90 2019 points
 Cost of starting a business 7.30 2019 percent of per capita GNI
 Informal economy, DGE method 23.90 2020 percent
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