Estonia scored 70.91 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Estonia averaged 19.94 Points from 2007 until 2019, reaching an all time high of 70.91 Points in 2019 and a record low of 4.56 Points in 2010. This page provides the latest reported value for - Estonia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Estonia Competitiveness Index - values, historical data and charts - was last updated on January of 2021.

Competitiveness Index in Estonia is expected to reach 72.25 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Competitiveness Index is projected to trend around 73.25 Points in 2021 and 73.75 Points in 2022, according to our econometric models.

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Estonia Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
70.91 70.75 70.91 4.56 2007 - 2019 Points Yearly

Estonia Business Last Previous Highest Lowest Unit
Business Confidence 92.50 89.40 117.40 68.60 points [+]
Industrial Production -1.60 1.50 36.90 -32.90 percent [+]
Industrial Production Mom -1.50 2.60 9.60 -10.10 percent [+]
Manufacturing Production -2.00 -6.70 38.90 -33.40 percent [+]
Capacity Utilization 69.60 66.00 79.40 52.20 percent [+]
Changes in Inventories 183.03 -22.04 247.93 -351.49 EUR Million [+]
Car Registrations 1491.00 1544.00 3231.00 205.00 [+]
Internet Speed 11556.01 11438.06 11697.65 2923.37 KBps [+]
IP Addresses 539972.00 523132.00 542382.00 209703.00 IP [+]
Mining Production -7.90 1.20 96.60 -49.00 percent [+]
Cement Production 21.20 21.90 94.10 11.00 Thousands of Tonnes [+]
Competitiveness Index 70.91 70.75 70.91 4.56 Points [+]
Competitiveness Rank 31.00 32.00 35.00 26.00 [+]
Corruption Index 74.00 73.00 74.00 55.00 Points [+]
Corruption Rank 18.00 18.00 33.00 18.00 [+]
Corporate Profits 431658.30 865773.10 923825.90 149443.20 EUR Thousand [+]
Ease of Doing Business 18.00 16.00 24.00 11.00 [+]
Electricity Production 493.66 488.80 1375.00 287.65 Gigawatt-hour [+]


Estonia Competitiveness Index
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are 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. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes 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.