South Korea is the 13 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 South Korea averaged 19.46 from 2007 until 2019, reaching an all time high of 26 in 2015 and a record low of 11 in 2008. This page provides the latest reported value for - South Korea Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Competitiveness Rank - values, historical data and charts - was last updated on June of 2022.
Competitiveness Rank in South Korea is expected to reach 15.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Competitiveness Rank is projected to trend around 15.00 in 2021, according to our econometric models.