North Macedonia: Competitiveness
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North Macedonia |
Competitiveness - World Economic Forum index (0-100) |
---|---|
Latest value | 57.30 |
Year | 2019 |
Measure | points |
Data availability | 2018 - 2019 |
Average | 56.95 |
Min - Max | 56.60 - 57.30 |
Source | The World Economic Forum |
The latest value from 2019 is 57.3 points, an increase from 56.6 points in 2018. In comparison, the world average is 60.61 points, based on data from 140 countries. Historically, the average for North Macedonia from 2018 to 2019 is 56.95 points. The minimum value, 56.6 points, was reached in 2018 while the maximum of 57.3 points was recorded in 2019.
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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 | -0.10 | 2022 | points |
Government effectiveness | -0.08 | 2022 | points |
Control of corruption | -0.32 | 2022 | points |
Regulatory quality | 0.45 | 2022 | points |
Voice and accountability | 0.16 | 2022 | points |
Political stability | 0.12 | 2022 | points |
Corruption perceptions - Transparency International | 42 | 2023 | points |
Political rights | 3 | 2024 | points |
Civil liberties | 3 | 2024 | points |
Competitiveness | 57.30 | 2019 | points |
Cost of starting a business | 3.10 | 2019 | percent of per capita GNI |
Informal economy, MIMIC method | 34.10 | 2020 | percent |
Informal economy, DGE method | 32.70 | 2020 | percent |