Chile scored 70.54 points out of 100 on the 2019 Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Index in Chile averaged 19.77 Points from 2007 until 2019, reaching an all time high of 70.54 Points in 2019 and a record low of 4.58 Points in 2016. This page provides the latest reported value for - Chile Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Competitiveness Index - values, historical data and charts - was last updated on September of 2021.

Competitiveness Index in Chile is expected to reach 4.74 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Competitiveness Index is projected to trend around 72.76 Points in 2021 and 73.26 Points in 2022, according to our econometric models.

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Chile Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
70.54 70.26 70.54 4.58 2007 - 2019 Points Yearly

Chile Business Last Previous Highest Lowest Unit
Business Confidence 60.35 57.64 64.43 31.74 points [+]
Industrial Production 4.80 6.10 14.05 -11.50 percent [+]
Industrial Production Mom -0.90 2.80 9.50 -7.40 percent [+]
Manufacturing Production 11.00 14.60 32.00 -14.20 percent [+]
Changes in Inventories 942.70 2638.57 2638.57 -2460.10 CLP Billion [+]
Total Vehicle Sales 37564.00 38226.00 39263.00 8681.00 Units [+]
Leading Economic Index 18.08 20.61 20.61 -15.31 percent [+]
Internet Speed 9258.62 8567.16 9258.62 1097.83 KBps [+]
IP Addresses 3793061.00 3843649.00 3924514.00 1174118.00 IP [+]
Mining Production -2.00 -1.00 36.80 -21.80 percent [+]
Competitiveness Index 70.54 70.26 70.54 4.58 Points [+]
Competitiveness Rank 33.00 33.00 35.00 26.00 [+]
Corruption Index 67.00 67.00 79.40 60.50 Points [+]
Corruption Rank 25.00 26.00 27.00 14.00 [+]
Ease of Doing Business 59.00 56.00 59.00 34.00 [+]
Copper Production 470.30 484.70 557.80 356.20 Thousands of Tonnes [+]


Chile 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.