Dominican Republic is the 82 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 Dominican Republic averaged 97.17 from 2007 until 2018, reaching an all time high of 110 in 2012 and a record low of 82 in 2017.

Competitiveness Rank in Dominican Republic is expected to be 104.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Competitiveness Rank is projected to trend around 104.00 in 2020, according to our econometric models.

Dominican Republic Competitiveness Rank
Forecast Data Chart
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Dominican Republic Business Last Previous Highest Lowest Unit
Internet Speed 4430.06 4096.20 4430.06 366.24 KBps [+]
IP Addresses 906609.00 874626.00 906609.00 152367.00 IP [+]
Leading Economic Index 8.60 6.80 13.30 -4.30 percent [+]
Business Confidence 56.80 54.80 58.80 47.80 Index Points [+]
Ease of Doing Business 102.00 99.00 117.00 86.00 [+]
Corruption Index 29.00 31.00 35.00 26.00 Points [+]
Corruption Rank 135.00 120.00 135.00 59.00 [+]
Changes In Inventories 3110.77 23718.19 23718.19 -17312.69 DOP Millions [+]
Competitiveness Index 57.38 55.59 57.38 3.65 Points [+]
Competitiveness Rank 82.00 82.00 110.00 82.00 [+]

Dominican Republic 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. This page provides the latest reported value for - Dominican Republic Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Dominican Republic Competitiveness Rank - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
82.00 82.00 110.00 82.00 2007 - 2018 Yearly

Country Last Previous
United States 1.00 Dec/18
Singapore 2.00 Dec/18
Germany 3.00 Dec/18
Switzerland 4.00 Dec/18
Japan 5.00 Dec/18
Netherlands 6.00 Dec/18
United Kingdom 8.00 Dec/18
Canada 12.00 Dec/18
Australia 14.00 Dec/18
South Korea 15.00 Dec/18
France 17.00 Dec/18
Spain 26.00 Dec/18
China 28.00 Dec/18
Italy 31.00 Dec/18
Saudi Arabia 39.00 Dec/18
Russia 43.00 Dec/18
Indonesia 45.00 Dec/18
Mexico 46.00 Dec/18
India 58.00 Dec/18
Turkey 61.00 Dec/18
South Africa 67.00 Dec/18
Brazil 72.00 Dec/18
Argentina 81.00 Dec/18