Singapore scored 83.48 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Singapore averaged 18.51 Points from 2007 until 2018, reaching an all time high of 83.48 Points in 2018 and a record low of 5.44 Points in 2008.

Competitiveness Index in Singapore is expected to be 5.71 Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Competitiveness Index is projected to trend around 5.71 Points in 2020, according to our econometric models.

Singapore Competitiveness Index
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Singapore Business Last Previous Highest Lowest Unit
Business Confidence -1.00 7.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 51.50 51.90 53.10 48.30 [+]
Industrial Production 4.30 -0.10 58.60 -32.20 percent [+]
Industrial Production Mom 2.00 -4.70 29.70 -21.70 percent [+]
Changes in Inventories 4488.80 2972.10 6742.20 -6542.70 SGD Million [+]
Bankruptcies 137.00 156.00 507.00 78.00 Companies [+]
Car Registrations 9876.00 8843.00 16204.00 2659.00 [+]
Leading Economic Index 112.00 112.10 112.70 25.50 Index Points [+]
Internet Speed 20345.58 20174.80 20345.58 2170.47 KBps [+]
IP Addresses 1595352.00 1509471.00 1685917.00 433610.00 IP [+]
Competitiveness Index 83.48 82.97 83.48 5.44 Points [+]
Competitiveness Rank 2.00 2.00 8.00 2.00 [+]
Composite Pmi 53.80 52.60 56.80 49.40 [+]
Ease of Doing Business 2.00 2.00 3.00 1.00 [+]
Corruption Index 84.00 84.00 94.00 84.00 Points [+]
Corruption Rank 6.00 7.00 9.00 1.00 [+]


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. This page provides the latest reported value for - Singapore Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Competitiveness Index - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
83.48 82.97 83.48 5.44 2007 - 2018 Points Yearly




Country Last Previous
Argentina 57.49 Dec/18
Australia 78.85 Dec/18
Brazil 59.51 Dec/18
Canada 79.92 Dec/18
China 72.61 Dec/18
France 78.01 Dec/18
Germany 82.84 Dec/18
India 62.02 Dec/18
Indonesia 64.94 Dec/18
Italy 70.77 Dec/18
Japan 82.47 Dec/18
Mexico 64.60 Dec/18
Netherlands 82.38 Dec/18
Russia 65.62 Dec/18
Saudi Arabia 67.50 Dec/18
Singapore 83.48 Dec/18
South Africa 60.76 Dec/18
South Korea 78.84 Dec/18
Spain 74.20 Dec/18
Switzerland 82.59 Dec/18
Turkey 61.60 Dec/18
United Kingdom 81.99 Dec/18
United States 85.64 Dec/18


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