Vietnam is the 67 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 Vietnam averaged 68.31 from 2007 until 2019, reaching an all time high of 77 in 2018 and a record low of 56 in 2016. This page provides the latest reported value for - Vietnam Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam Competitiveness Rank - values, historical data and charts - was last updated on December of 2021.

Competitiveness Rank in Vietnam is expected to reach 77.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Competitiveness Rank is projected to trend around 77.00 in 2021, according to our econometric models.

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Vietnam Competitiveness Rank


Related Last Previous Unit Reference
Competitiveness Rank 67.00 77.00 Dec/19
Competitiveness Index 61.54 58.05 Points Dec/19
Vietnam 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.