(measure: points; Source: The World Economic Forum)
* indicates monthly or quarterly data series
Macedonia: Competitiveness - World Economic Forum index (1-7): For that indicator, The World Economic Forum provides data for Macedonia from 2006 to 2016. The average value for Macedonia during that period was 4.03 points with a minumum of 3.73 points in 2007 and a maximum of 4.28 points in 2015. See the global rankings for that indicator or use the country comparator to compare trends over time.
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).