Denmark is the 10 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum.

Competitiveness Rank in Denmark averaged 8.77 from 2007 until 2019, reaching an all time high of 15 in 2014 and a record low of 3 in 2008. This page provides the latest reported value for - Denmark Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Competitiveness Rank - values, historical data and charts - was last updated on September of 2020. source: World Economic Forum

Competitiveness Rank in Denmark is expected to reach 10.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Competitiveness Rank is projected to trend around 10.00 in 2021, according to our econometric models.

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Denmark Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 15.00 3.00 2007 - 2019 Yearly

Denmark Business Last Previous Highest Lowest Unit
Business Confidence -10.00 -7.00 14.00 -33.00 points [+]
Industrial Production -14.60 -1.70 15.40 -22.20 percent [+]
Industrial Production Mom -5.70 4.70 15.30 -11.20 percent [+]
Manufacturing Production -11.90 -2.50 26.10 -20.90 percent [+]
Capacity Utilization 76.20 76.10 88.90 70.90 percent [+]
New Orders 0.00 5.00 44.00 -59.00 points [+]
Changes in Inventories 6257.00 286.00 10954.00 -11034.00 DKK Million [+]
Bankruptcies 304.00 479.00 1524.00 69.00 Companies [+]
Car Registrations 17680.00 19109.00 29700.00 1191.00 [+]
Internet Speed 20105.69 20707.87 20707.87 3196.34 KBps [+]
IP Addresses 2624652.00 2545183.00 3197587.00 1640027.00 IP [+]
Manufacturing Pmi 52.30 56.90 69.94 24.33 points [+]
Mining Production -41.00 -41.70 47.60 -48.10 percent [+]
Competitiveness Index 81.17 80.62 81.17 5.17 Points [+]
Competitiveness Rank 10.00 10.00 15.00 3.00 [+]
Corruption Index 87.00 88.00 100.00 87.00 Points [+]
Corruption Rank 1.00 1.00 4.00 1.00 [+]
Corporate Profits 370511.00 282297.00 370511.00 45386.00 DKK Million [+]
Ease of Doing Business 4.00 3.00 6.00 2.00 [+]
Electricity Production 3368.00 2610.00 4364.00 1356.00 Gigawatt-hour [+]


Denmark Competitiveness Rank
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability.