Gambia: Competitiveness
* indicates monthly or quarterly data series
| Gambia |
Competitiveness - World Economic Forum index (0-100) |
|---|---|
| Latest value | 45.90 |
| Year | 2019 |
| Measure | points |
| Data availability | 2018 - 2019 |
| Average | 45.70 |
| Min - Max | 45.50 - 45.90 |
| Source | The World Economic Forum |
The latest value from 2019 is 45.9 points, an increase from 45.5 points in 2018. In comparison, the world average is 60.61 points, based on data from 140 countries. Historically, the average for the Gambia from 2018 to 2019 is 45.7 points. The minimum value, 45.5 points, was reached in 2018 while the maximum of 45.9 points was recorded in 2019.
See the global rankings or
world map for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
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.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Rule of law | -0.37 | 2023 | points |
| Government effectiveness | -0.59 | 2023 | points |
| Control of corruption | -0.28 | 2023 | points |
| Regulatory quality | -0.64 | 2023 | points |
| Voice and accountability | -0.04 | 2023 | points |
| Political stability | -0.01 | 2023 | points |
| Corruption perceptions - Transparency International | 38 | 2024 | points |
| Political rights | 4 | 2020 | points |
| Civil liberties | 4 | 2020 | points |
| Competitiveness | 45.90 | 2019 | points |
| Cost of starting a business | 49.50 | 2019 | percent of per capita GNI |
| Shadow economy | 43.64 | 2015 | percent |
| Informal economy, MIMIC method | 47.70 | 2020 | percent |
| Informal economy, DGE method | 40.00 | 2020 | percent |