Tanzania is the 117 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 Tanzania averaged 113.85 from 2007 until 2019, reaching an all time high of 125 in 2014 and a record low of 97 in 2007. This page provides the latest reported value for - Tanzania Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Tanzania Competitiveness Rank - values, historical data and charts - was last updated on September of 2020. source: World Economic Forum

Competitiveness Rank in Tanzania is expected to reach 116.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tanzania Competitiveness Rank is projected to trend around 116.00 in 2021, according to our econometric models.

Ok
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.

Please Paste this Code in your Website
width
height
Tanzania Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
117.00 116.00 125.00 97.00 2007 - 2019 Yearly

Tanzania Business Last Previous Highest Lowest Unit
Ease of Doing Business 141.00 144.00 145.00 125.00 [+]
Changes In Inventories -2897000.00 -1986000.00 2901000.00 -2897000.00 TZS Million [+]
Competitiveness Index 48.19 47.21 48.19 3.49 Points [+]
Competitiveness Rank 117.00 116.00 125.00 97.00 [+]
Corruption Index 37.00 36.00 37.00 19.00 Points [+]
Corruption Rank 96.00 99.00 126.00 71.00 [+]


Tanzania 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.