Austria scored 76.61 points out of 100 on the 2019 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Austria averaged 21.59 Points from 2007 until 2019, reaching an all time high of 76.61 Points in 2019 and a record low of 5.08 Points in 2011. This page provides the latest reported value for - Austria Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Competitiveness Index - values, historical data and charts - was last updated on September of 2021.

Competitiveness Index in Austria is expected to reach 77.34 Points by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Competitiveness Index is projected to trend around 78.84 Points in 2022 and 79.34 Points in 2023, according to our econometric models.

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Austria Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
76.61 76.34 76.61 5.08 2007 - 2019 Points Yearly

Austria Business Last Previous Highest Lowest Unit
Manufacturing PMI 61.80 63.90 67.00 31.60 points [+]
Industrial Production 9.70 16.10 33.90 -21.20 percent [+]
Industrial Production Mom -0.30 -1.80 8.70 -15.00 percent [+]
Manufacturing Production 9.43 16.80 38.62 -25.30 percent [+]
Capacity Utilization 89.70 87.10 89.70 73.90 percent [+]
New Orders 148.70 146.30 157.40 74.50 points [+]
Car Registrations 29216.00 32632.00 60813.00 10468.00 [+]
Internet Speed 14100.00 13912.44 14100.00 3287.10 KBps [+]
IP Addresses 2593521.00 2644031.00 3091940.00 1375112.00 IP [+]
Mining Production 25.20 27.40 37.70 -28.80 percent [+]
Steel Production 530.00 571.65 734.81 235.00 Thousand Tonnes [+]
Changes In Inventories 1998.80 3107.70 6215.00 915.80 EUR Million [+]
Competitiveness Index 76.61 76.34 76.61 5.08 Points [+]
Competitiveness Rank 21.00 22.00 23.00 14.00 [+]
Business Confidence 16.90 16.10 20.30 -37.80 points [+]
Corruption Index 76.00 77.00 87.00 69.00 Points [+]
Corruption Rank 15.00 12.00 26.00 10.00 [+]
Ease of Doing Business 27.00 26.00 32.00 18.00 [+]
Electricity Production 6060.69 6300.92 6828.00 4275.00 Gigawatt-hour [+]


Austria 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.