Chile is the 33 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Rank in Chile averaged 31.31 from 2007 until 2019, reaching an all time high of 35 in 2016 and a record low of 26 in 2008. This page provides the latest reported value for - Chile Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Competitiveness Rank - values, historical data and charts - was last updated on September of 2021.

Competitiveness Rank in Chile is expected to reach 33.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Competitiveness Rank is projected to trend around 33.00 in 2021, according to our econometric models.

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Chile Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
33.00 33.00 35.00 26.00 2007 - 2019 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 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.