Romania: Competitiveness

* indicates monthly or quarterly data series
 Romania

Competitiveness - World Economic Forum index (0-100)

 Latest value 64.40
 Year 2019
 Measure points
 Data availability 2018 - 2019
 Average 63.95
 Min - Max 63.50 - 64.40
 Source The World Economic Forum
For that indicator, we provide data for Romania from 2018 to 2019. The average value for Romania during that period was 63.95 points with a minimum of 63.5 points in 2018 and a maximum of 64.4 points in 2019. The latest value from 2019 is 64.4 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.
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* indicates monthly or quarterly data series


Recent values chart
Romania - 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.


 Related indicators Latest value Reference Measure
 Rule of law 0.40 2022 points
 Government effectiveness 0.00 2022 points
 Control of corruption 0.02 2022 points
 Regulatory quality 0.36 2022 points
 Voice and accountability 0.56 2022 points
 Political stability 0.49 2022 points
 Corruption perceptions - Transparency International 46 2022 points
 Political rights 2 2020 points
 Civil liberties 2 2020 points
 Competitiveness 64.40 2019 points
 Cost of starting a business 0.30 2019 percent of per capita GNI
 Shadow economy 22.94 2015 percent
 Informal economy, MIMIC method 30.80 2020 percent
 Informal economy, DGE method 25.80 2020 percent
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