South Korea: Competitiveness

For that indicator, we provide data for South Korea from 2018 to 2019. The average value for South Korea during that period was 79.2 points with a minimum of 78.8 points in 2018 and a maximum of 79.6 points in 2019. The latest value from 2019 is 79.6 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.

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.