Madagascar: Competitiveness

* indicates monthly or quarterly data series
 Madagascar

Competitiveness - World Economic Forum index (0-100)

 Latest value 42.90
 Year 2019
 Measure points
 Data availability 2019 - 2019
 Average 42.90
 Min - Max 42.90 - 42.90
 Source The World Economic Forum
For that indicator, we provide data for Madagascar from 2019 to 2019. The average value for Madagascar during that period was 42.9 points with a minimum of 42.9 points in 2019 and a maximum of 42.9 points in 2019. The latest value from 2019 is 42.9 points. For comparison, the world average in 2019 based on 140 countries is 60.61 points. 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 42.9 points.
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Recent values chart
Madagascar - 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 value Reference Measure
 Rule of law -0.94 2022 points
 Government effectiveness -0.99 2022 points
 Control of corruption -1.01 2022 points
 Regulatory quality -0.82 2022 points
 Voice and accountability -0.29 2022 points
 Political stability -0.53 2022 points
 Corruption perceptions - Transparency International 26 2022 points
 Political rights 3 2024 points
 Civil liberties 4 2024 points
 Competitiveness 42.90 2019 points
 Cost of starting a business 30.20 2019 percent of per capita GNI
 Shadow economy 45.29 2015 percent
 Informal economy, MIMIC method 44.10 2020 percent
 Informal economy, DGE method 35.70 2020 percent
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