Singapore scored 84.78 points out of 100 on the 2019 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Singapore averaged 23.61 Points from 2007 until 2019, reaching an all time high of 84.78 Points in 2019 and a record low of 5.44 Points in 2008. source: World Economic Forum

Related	Last	Previous	Unit	Reference
Bankruptcies	112.00	146.00	Companies	Nov 2025
Business Confidence	11.00	8.00	points	Dec 2025
Car Registrations	8513.00	6304.00	Units	Dec 2025
Changes in Inventories	1108.50	-1600.10	SGD Million	Sep 2025
Corruption Index	84.00	83.00	Points	Dec 2024
Corruption Rank	3.00	5.00		Dec 2024
Industrial Production YoY	8.30	18.20	percent	Dec 2025
Industrial Production MoM	-13.30	-7.80	percent	Dec 2025
Leading Economic Index	112.40	109.00	points	Sep 2025
Services Sentiment	4.00	10.00	points	Dec 2025

Singapore 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.