Namibia is the 100 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 Namibia averaged 85.50 from 2007 until 2018, reaching an all time high of 100 in 2018 and a record low of 72 in 2007.

Competitiveness Rank in Namibia is expected to be 90.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Competitiveness Rank is projected to trend around 90.00 in 2020, according to our econometric models.

Namibia Competitiveness Rank
Forecast Data Chart
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Namibia Business Last Previous Highest Lowest Unit
Changes in Inventories 861.90 -156.50 1328.20 -2020.90 NAD Million [+]
Internet Speed 2922.00 3038.79 3038.79 301.52 KBps [+]
IP Addresses 170593.00 204126.00 256315.00 5097.00 IP [+]
Mining Production -8.50 30.90 76.51 -59.15 percent [+]
Competitiveness Index 52.67 52.40 52.67 3.84 Points [+]
Competitiveness Rank 100.00 99.00 100.00 72.00 [+]
Corruption Index 51.00 52.00 57.00 41.00 Points [+]
Corruption Rank 53.00 53.00 61.00 28.00 [+]
Ease of Doing Business 107.00 106.00 108.00 54.00 [+]

Namibia 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 - Namibia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia Competitiveness Rank - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
100.00 99.00 100.00 72.00 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