Finland scored 80.25 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum.

Competitiveness Index in Finland averaged 22.69 Points from 2007 until 2019, reaching an all time high of 80.26 Points in 2018 and a record low of 5.36 Points in 2011. This page provides the latest reported value for - Finland Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Finland Competitiveness Index - values, historical data and charts - was last updated on September of 2020. source: World Economic Forum

Competitiveness Index in Finland is expected to reach 81.76 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Competitiveness Index is projected to trend around 82.76 Points in 2021 and 83.26 Points in 2022, according to our econometric models.

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Finland Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
80.25 80.26 80.26 5.36 2007 - 2019 Points Yearly

Finland Business Last Previous Highest Lowest Unit
Business Confidence -20.50 -16.60 31.30 -37.30 points [+]
Industrial Production -6.10 -7.20 23.70 -23.30 percent [+]
Industrial Production Mom 0.90 -0.90 9.20 -13.00 percent [+]
Manufacturing Production -5.70 -7.60 24.20 -26.40 percent [+]
Capacity Utilization 76.00 77.20 88.80 63.90 percent [+]
New Orders 81.50 96.20 170.20 69.20 points [+]
Changes in Inventories 655.00 423.00 2029.00 -2059.00 EUR Million [+]
Bankruptcies 549.00 772.00 2038.00 459.00 Companies [+]
Car Registrations 8485.00 9101.00 25285.00 494.00 [+]
Leading Economic Index -2.80 -4.20 12.80 -11.00 percent [+]
Internet Speed 20451.91 20587.41 20587.41 2732.51 KBps [+]
IP Addresses 2332434.00 2264535.00 3082796.00 1690714.00 IP [+]
Steel Production 227.10 208.60 455.00 91.00 Thousand Tonnes [+]
Mining Production -22.40 4.40 146.10 -63.90 percent [+]
Competitiveness Index 80.25 80.26 80.26 5.36 Points [+]
Competitiveness Rank 11.00 11.00 12.00 3.00 [+]
Ease of Doing Business 20.00 17.00 20.00 10.00 [+]
Electricity Production 6606.00 6037.00 8710.00 4306.00 Gigawatt-hour [+]
Corruption Index 86.00 85.00 100.00 85.00 Points [+]
Corruption Rank 3.00 3.00 6.00 1.00 [+]
Factory Orders -28.40 -12.70 79.40 -42.20 percent [+]


Finland 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.