Guyana: Competitiveness

(measure: points; Source: The World Economic Forum)
* indicates monthly or quarterly data series

Guyana: Competitiveness - World Economic Forum index (1-7)

: For that indicator, we provide data for Guyana from 2006 to 2015. The average value for Guyana during that period was 3.56 points with a minimum of 3.25 points in 2007 and a maximum of 3.77 points in 2013. The latest value from 2015 is 3.56 points. For comparison, the world average in 2015 based on 140 countries is 4.24 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: The Global Competitiveness index is composed of 12 pillars of competitiveness. The pillars are organized as followed: Basic requirements (Institutions, Infrastructure, Macroeconomic Stability, Health and Primary Education); Efficiency enhancers (Higher Education and Training, Goods Market Efficiency, Labour Market Efficiency, Financial Market Sophistication, Technological Readiness, Market Size), and Innovation and sophistication factors (Business Sophistication, Innovation).
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