South Korea scored 78.84 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in South Korea averaged 17.30 Points from 2007 until 2018, reaching an all time high of 78.84 Points in 2018 and a record low of 4.93 Points in 2011.

South Korea Competitiveness Index
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South Korea Business Last Previous Highest Lowest Unit
Business Confidence 73.00 75.00 119.00 35.00 Index Points [+]
Manufacturing PMI 47.30 47.50 52.60 45.70 [+]
Industrial Production -2.90 0.20 39.40 -25.40 percent [+]
Industrial Production Mom 0.20 -1.30 10.50 -10.80 percent [+]
Manufacturing Production -3.10 0.10 40.80 -26.60 percent [+]
Capacity Utilization 101.30 101.40 104.60 3.80 Index Points [+]
New Orders 7376716.00 7329817.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 7080.30 6511.70 12981.70 -9865.30 KRW Billion [+]
Bankruptcies 34.00 49.00 3377.00 26.00 Companies [+]
Car Registrations 128915.00 117334.00 155971.00 49944.00 [+]
Leading Economic Index 114.50 114.40 114.50 4.40 Index Points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Mining Production -5.90 -5.30 43.10 -36.00 percent [+]
Steel Production 5958.23 6370.58 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 22681.50 23193.02 25106.16 13859.99 Gigawatt-hour [+]
Car Production 4028834.00 4114913.00 4657094.00 1954494.00 [+]
Coincident Index 110.50 110.40 110.50 4.30 Index Points [+]
Competitiveness Index 78.84 78.03 78.84 4.93 Points [+]
Competitiveness Rank 15.00 17.00 26.00 11.00 [+]
Corruption Index 57.00 54.00 57.00 38.00 Points [+]
Corruption Rank 45.00 51.00 52.00 27.00 [+]


South Korea 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 - South Korea Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Competitiveness Index - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
78.84 78.03 78.84 4.93 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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