South Africa is the 67 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 South Africa averaged 51 from 2007 until 2018, reaching an all time high of 67 in 2018 and a record low of 35 in 2007.

South Africa Competitiveness Rank
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 31.00 34.00 91.00 10.20 Index Points [+]
Manufacturing PMI 49.50 42.40 60.87 35.09 [+]
Industrial Production 3.00 -0.10 18.50 -23.20 percent [+]
Industrial Production Mom 1.10 -0.80 9.10 -8.70 percent [+]
Capacity Utilization 81.20 81.10 86.30 76.90 percent [+]
Changes in Inventories 12744.00 -9149.00 59100.00 -58506.00 ZAR Million [+]
Bankruptcies 140.00 196.00 511.00 63.00 Companies [+]
Total Vehicle Sales 47486.00 51856.00 65689.00 18482.00 [+]
Car Registrations 31054.00 35050.00 42915.00 5155.00 [+]
Leading Economic Index -0.20 -0.50 4.70 -3.70 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Steel Production 543.30 572.90 885.00 182.00 Thousand Tonnes [+]
Mining Production 0.50 -2.00 23.20 -17.40 percent [+]
Coincident Index 96.10 95.80 141.17 88.12 Index Points [+]
Competitiveness Index 60.76 60.86 60.86 4.31 Points [+]
Competitiveness Rank 67.00 62.00 67.00 35.00 [+]
Composite Pmi 48.20 46.90 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 21947.00 20844.00 23801.00 10439.00 Gigawatt-hour [+]
Corruption Index 43.00 45.00 56.80 41.00 Points [+]
Corruption Rank 71.00 64.00 72.00 23.00 [+]


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

Actual Previous Highest Lowest Dates Unit Frequency
67.00 62.00 67.00 35.00 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


Related

Latest