Mexico is the 48 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 Mexico averaged 54.77 from 2007 until 2019, reaching an all time high of 66 in 2011 and a record low of 44 in 2017. This page provides the latest reported value for - Mexico Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Competitiveness Rank - values, historical data and charts - was last updated on October of 2020. source: World Economic Forum

Competitiveness Rank in Mexico is expected to reach 46.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Competitiveness Rank is projected to trend around 46.00 in 2021, according to our econometric models.

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Mexico Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
48.00 46.00 66.00 44.00 2007 - 2019 Yearly

Mexico Business Last Previous Highest Lowest Unit
Business Confidence 40.50 39.10 58.70 34.00 points [+]
Manufacturing PMI 42.10 41.30 57.10 35.00 points [+]
Industrial Production -8.97 -11.37 23.82 -30.62 percent [+]
Industrial Production Mom 3.30 7.10 18.10 -26.30 percent [+]
Manufacturing Production -9.16 -8.93 18.26 -36.95 percent [+]
Capacity Utilization 72.90 66.20 82.60 44.70 percent [+]
Changes in Inventories 81308.00 33488.00 284826.00 33488.00 MXN Million [+]
Total Vehicle Sales 43223.00 44422.00 127604.00 6318.00 [+]
Car Production 301.43 293.46 381.99 3.72 Thousand Units [+]
Car Registrations 43223.00 44422.00 127604.00 6318.00 [+]
Leading Economic Index -9.80 -13.30 12.60 -22.70 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Private Investment -21.20 -24.10 33.10 -41.90 percent [+]
Steel Production 1250.00 1150.00 1850.42 466.00 Thousand Tonnes [+]
Mining Production -3.54 -3.16 45.30 -25.22 percent [+]
Competitiveness Index 64.95 64.60 64.95 4.18 Points [+]
Competitiveness Rank 48.00 46.00 66.00 44.00 [+]
Crude Oil Rigs 36.00 35.00 107.00 8.00 [+]
Ease of Doing Business 60.00 54.00 60.00 42.00 [+]
Corruption Index 29.00 28.00 37.00 26.60 Points [+]
Corruption Rank 130.00 138.00 138.00 32.00 [+]
Gold Production 5798.00 5599.00 11688.00 384.00 Kg [+]


Mexico 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.