Czech Republic scored 71.18 points out of 100 on the 2018 Global Competitiveness Report

Published: 29.10.2018 Related countries:  U.S.A. U.S.A.

World Economic Forum: Czech Republic scored 71.18 points out of 100 on the 2018 Global Competitiveness, says Report published by the World Economic Forum. Czech Republic ranked 29. place from 140 compared countries.

Highest score was reached by USA with 85,6 points, followed by Singapore with 83,5 points and Germany with 82,8 points. Lowest score was reached by Chad with 35,5 points. Russia scored 65,62 points.

The report used 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 or innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness.

Published by the team of CzechTrade foreign office in Chicago.

Source: https://tradingeconomics.com/czech-republic/competitiveness-index