Serbia is the 72 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Serbia averaged 87.58 from 2008 until 2019, reaching an all time high of 101.00 in 2014 and a record low of 65.00 in 2018. source: World Economic Forum

Related	Last	Previous	Unit	Reference
Corruption Index	35.00	36.00	Points	Dec 2024
Corruption Rank	105.00	104.00		Dec 2024
Industrial Production YoY	5.50	2.50	percent	Jul 2025
Industrial Production Mom	1.80	1.20	percent	Jul 2025
Manufacturing Production	3.20	1.50	percent	Jul 2025
Mining Production	12.90	15.00	percent	Jul 2025

Serbia 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.