Fiscal Expenditure in Austria increased to 7864 EUR Million in March from 6024 EUR Million in February of 2020. Fiscal Expenditure in Austria averaged 7793.77 EUR Million from 2003 until 2020, reaching an all time high of 72598 EUR Million in November of 2017 and a record low of 3970 EUR Million in September of 2004. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Austria Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Austria stands at AA+ with stable outlook. Moody's credit rating for Austria was last set at Aa1 with stable outlook. Fitch's credit rating for Austria was last reported at AA+ with positive outlook. DBRS's credit rating for Austria is AAA with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Austria thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Austria as reported by major credit rating agencies.

Military Expenditure in Guinea decreased to 192 USD Million in 2018 from 199 USD Million in 2017. Military Expenditure in Guinea averaged 137.34 USD Million from 1991 until 2018, reaching an all time high of 213.40 USD Million in 2015 and a record low of 59.90 USD Million in 1993.

Deposit Interest Rate in Guinea decreased to 3.84 percent in 2016 from 6.69 percent in 2015. Deposit Interest Rate in Guinea averaged 14.22 percent from 1987 until 2016, reaching an all time high of 23 percent in 1992 and a record low of 3.84 percent in 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Guinea.

The Social Security Rate in Guinea stands at 23 percent. In Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Guinea Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Guinea stands at 18 percent. In Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Guinea Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Guinea stands at 5 percent. In Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Guinea Social Security Rate For Employees - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Guinea was last recorded at 2338 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Guinea, when adjusted by Purchasing Power Parity is equivalent to 13 percent of the world's average. GDP per capita PPP in Guinea averaged 1632.75 USD from 1990 until 2018, reaching an all time high of 2338 USD in 2018 and a record low of 1339.40 USD in 1991. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Guinea GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea scored 46.13 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Guinea averaged 20.53 Points from 2013 until 2019, reaching an all time high of 46.13 Points in 2019 and a record low of 2.79 Points in 2015. 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. This page provides the latest reported value for - Guinea Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Guinea is the 122 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Guinea averaged 134.71 from 2013 until 2019, reaching an all time high of 147 in 2014 and a record low of 122 in 2019. 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. This page provides the latest reported value for - Guinea Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Guinea was last recorded at 943.40 US dollars in 2018. The GDP per Capita in Guinea is equivalent to 7 percent of the world's average. GDP per capita in Guinea averaged 642.37 USD from 1986 until 2018, reaching an all time high of 943.40 USD in 2018 and a record low of 513.10 USD in 1986. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Guinea GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cpi Housing Utilities in Guinea increased to 713.40 points in March from 711.50 points in February of 2020. Cpi Housing Utilities in Guinea averaged 380.32 points from 2003 until 2020, reaching an all time high of 713.40 points in March of 2020 and a record low of 100.70 points in February of 2003. This page provides - Guinea Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Guinea thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Guinea as reported by major credit rating agencies.

Precipitation in Venezuela decreased to 55.96 mm in December from 105.78 mm in November of 2015. Precipitation in Venezuela averaged 163.86 mm from 1901 until 2015, reaching an all time high of 432.54 mm in June of 1986 and a record low of 9.06 mm in February of 1979. This page includes a chart with historical data for Venezuela Average Precipitation.

Military Expenditure in Venezuela increased to 465 USD Million in 2017 from 389 USD Million in 2016. Military Expenditure in Venezuela averaged 846.67 USD Million from 1955 until 2017, reaching an all time high of 1852 USD Million in 2007 and a record low of 200 USD Million in 1961.

The Gross Domestic Product per capita in Venezuela was last recorded at 17131.39 US dollars in 2014, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Venezuela, when adjusted by Purchasing Power Parity is equivalent to 96 percent of the world's average. GDP per capita PPP in Venezuela averaged 14557.84 USD from 1960 until 2014, reaching an all time high of 18224.70 USD in 2008 and a record low of 11383.41 USD in 1989. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Venezuela GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Venezuela scored 41.83 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Venezuela averaged 12.69 Points from 2007 until 2019, reaching an all time high of 45.09 Points in 2017 and a record low of 3.30 Points in 2016. 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. This page provides the latest reported value for - Venezuela Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Venezuela is the 133 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Venezuela averaged 119 from 2007 until 2019, reaching an all time high of 134 in 2014 and a record low of 85 in 2007. 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. This page provides the latest reported value for - Venezuela Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gross Fixed Capital Formation in Venezuela decreased to 347 VEF Million in the first quarter of 2019 from 539 VEF Million in the fourth quarter of 2018. Gross Fixed Capital Formation in Venezuela averaged 3236.71 VEF Million from 1996 until 2019, reaching an all time high of 7328 VEF Million in the fourth quarter of 2012 and a record low of 347 VEF Million in the first quarter of 2019. This page provides - Venezuela Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Venezuela stands at 24.50 percent. Social Security Rate in Venezuela averaged 24.27 percent from 2004 until 2018, reaching an all time high of 25 percent in 2009 and a record low of 23 percent in 2005. In Venezuela, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Venezuela because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Venezuela Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Venezuela stands at 19 percent. Social Security Rate For Companies in Venezuela averaged 18.33 percent from 2004 until 2018, reaching an all time high of 19 percent in 2009 and a record low of 17 percent in 2005. In Venezuela, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Venezuela because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Venezuela Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Venezuela stands at 5.50 percent. Social Security Rate For Employees in Venezuela averaged 5.93 percent from 2004 until 2018, reaching an all time high of 6 percent in 2005 and a record low of 5.50 percent in 2017. In Venezuela, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Venezuela because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Venezuela Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Venezuela increased to 836 USD Million in 2013 from 803 USD Million in 2012. Remittances in Venezuela averaged 502.92 USD Million from 2001 until 2013, reaching an all time high of 836 USD Million in 2013 and a record low of 136 USD Million in 2001. In Venezuela, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides - Venezuela Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Venezuela was last recorded at 16054.49 US dollars in 2014. The GDP per Capita in Venezuela is equivalent to 127 percent of the world's average. GDP per capita in Venezuela averaged 4139.50 USD from 1960 until 2014, reaching an all time high of 16054.49 USD in 2014 and a record low of 864.47 USD in 1964. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Venezuela GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Venezuela increased to 13141315 VEF Million in February from 11498918.70 VEF Million in January of 2020. Private Sector Credit in Venezuela averaged 689339.48 VEF Million from 1999 until 2020, reaching an all time high of 43691030.53 VEF Million in December of 2018 and a record low of 5.83 VEF Million in July of 1999. This page provides - Venezuela Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Venezuela stands at SD with n/a outlook. Moody's credit rating for Venezuela was last set at WR with n/a outlook. Fitch's credit rating for Venezuela was last reported at RD with n/a outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Venezuela thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Venezuela as reported by major credit rating agencies.

90 day Deposit Rate in Venezuela was at 24 percent on Friday May 8. Deposit Interest Rate in Venezuela averaged 16.71 percent from 1997 until 2020, reaching an all time high of 65.93 percent in August of 1998 and a record low of 6.71 percent in May of 2003. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Venezuela.

Military Expenditure in Niger increased to 209 USD Million in 2018 from 200 USD Million in 2017. Military Expenditure in Niger averaged 49.57 USD Million from 1975 until 2018, reaching an all time high of 209 USD Million in 2018 and a record low of 13.30 USD Million in 1982.

The Gross Domestic Product per capita in Niger was last recorded at 932 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Niger, when adjusted by Purchasing Power Parity is equivalent to 5 percent of the world's average. GDP per capita PPP in Niger averaged 820.36 USD from 1990 until 2018, reaching an all time high of 932 USD in 2018 and a record low of 754.90 USD in 2000. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Niger GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Niger recorded a capital and financial account deficit of 162 XOF Billion in 2018. Capital Flows in Niger averaged -181.71 XOF Billion from 2005 until 2018, reaching an all time high of 763.80 XOF Billion in 2006 and a record low of -515.10 XOF Billion in 2011. This page provides - Niger Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Niger decreased to 6.49 percent in 2017 from 6.93 percent in 2016. Deposit Interest Rate in Niger averaged 7.70 percent from 2005 until 2017, reaching an all time high of 8.58 percent in 2009 and a record low of 6.49 percent in 2017. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Niger.

The Gross Domestic Product per capita in Niger was last recorded at 398.50 US dollars in 2018. The GDP per Capita in Niger is equivalent to 3 percent of the world's average. GDP per capita in Niger averaged 447.24 USD from 1960 until 2018, reaching an all time high of 716 USD in 1965 and a record low of 322.80 USD in 2000. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Niger GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Capacity Utilization in Niger increased to 62.60 percent in the fourth quarter of 2019 from 50.30 percent in the third quarter of 2019. Capacity Utilization in Niger averaged 65.92 percent from 2008 until 2019, reaching an all time high of 88.20 percent in the fourth quarter of 2011 and a record low of 33.90 percent in the first quarter of 2016. This page provides - Niger Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Moody's credit rating for Niger was last set at B3 with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Niger thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Niger as reported by major credit rating agencies.

Retail Sales Ex Autos in the United States decreased to -4.20 percent in March from -0.40 percent in February of 2020. Retail Sales Ex Autos in the United States averaged 0.34 percent from 1992 until 2020, reaching an all time high of 2.60 percent in December of 1999 and a record low of -4.20 percent in March of 2020. Retail Sales Ex Autos report in the US provides aggregated measure of sales of retail goods and services excluding the automobile sector over a period of a month. This page provides the latest reported value for - United States Retail Sales Ex Autos MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports of Furniture & Related Products in China increased to 3906200 USD THO in April from 3491100 USD THO in March of 2020. Exports of Furniture & Related Products in China averaged 2205106.02 USD THO from 1996 until 2020, reaching an all time high of 6348500 USD THO in February of 2020 and a record low of 81294 USD THO in February of 1996. This page includes a chart with historical data for China Exports of Furniture & Related Products.

Imports from United States in China decreased to 9193400 USD THO in April from 9888900 USD THO in March of 2020. Imports from United States in China averaged 12107129.62 USD THO from 2014 until 2020, reaching an all time high of 17599900 USD THO in February of 2020 and a record low of 7943652 USD THO in February of 2019. This page includes a chart with historical data for China Imports From Us.

Imports from United Kingdom in China decreased to 1512400 USD THO in April from 1819100 USD THO in March of 2020. Imports from United Kingdom in China averaged 1809404.08 USD THO from 2014 until 2020, reaching an all time high of 3156400 USD THO in February of 2020 and a record low of 1612.90 USD THO in April of 2014. This page includes a chart with historical data for China Imports From Uk.

Imports from Italy in China decreased to 1471100 USD THO in April from 1648500 USD THO in March of 2020. Imports from Italy in China averaged 1629958.13 USD THO from 2014 until 2020, reaching an all time high of 2738700 USD THO in February of 2020 and a record low of 946759 USD THO in February of 2016. This page includes a chart with historical data for China Imports From Italy.

Exports to United States in China increased to 32060400 USD THO in April from 25210800 USD THO in March of 2020. Exports to United States in China averaged 12837327.28 USD THO from 1983 until 2020, reaching an all time high of 46693505 USD THO in September of 2018 and a record low of 130000 USD THO in November of 1983. This page includes a chart with historical data for China Exports To Us.

Exports to United Kingdom in China increased to 4265300 USD THO in April from 3697000 USD THO in March of 2020. Exports to United Kingdom in China averaged 4861351.95 USD THO from 2014 until 2020, reaching an all time high of 6635900 USD THO in February of 2020 and a record low of 2591251.87 USD THO in February of 2014. This page includes a chart with historical data for China Exports To Uk.

Exports to Italy in China increased to 2593300 USD THO in April from 2133500 USD THO in March of 2020. Exports to Italy in China averaged 2502145.36 USD THO from 2014 until 2020, reaching an all time high of 4098800 USD THO in February of 2020 and a record low of 1382806 USD THO in February of 2014. This page includes a chart with historical data for China Exports To Italy.

Imports of Integrated Circuit in China decreased to 27003100 USD THO in April from 29096500 USD THO in March of 2020. Imports of Integrated Circuit in China averaged 21671603.21 USD THO from 2014 until 2020, reaching an all time high of 43009000 USD THO in February of 2020 and a record low of 27087.80 USD THO in November of 2014. This page includes a chart with historical data for China Imports of Integrated Circuit.

Imports of Fresh and Dried Fruits and Nuts in China increased to 1406500 USD THO in April from 865100 USD THO in March of 2020. Imports of Fresh and Dried Fruits and Nuts in China averaged 389114.25 USD THO from 2006 until 2020, reaching an all time high of 2293600 USD THO in February of 2020 and a record low of 53019 USD THO in June of 2007. This page includes a chart with historical data for China Imports of Fresh And Dried Fruits And Nuts.

Precipitation in Armenia increased to 24.21 mm in December from 21.95 mm in November of 2015. Precipitation in Armenia averaged 43.89 mm from 1901 until 2015, reaching an all time high of 148.82 mm in June of 1915 and a record low of 0.32 mm in November of 2010. This page includes a chart with historical data for Armenia Average Precipitation.

Military Expenditure in Armenia increased to 591 USD Million in 2018 from 444 USD Million in 2017. Military Expenditure in Armenia averaged 264.42 USD Million from 1992 until 2018, reaching an all time high of 591 USD Million in 2018 and a record low of 49.80 USD Million in 1993.

The Gross Domestic Product per capita in Armenia was last recorded at 4406.70 US dollars in 2018. The GDP per Capita in Armenia is equivalent to 35 percent of the world's average. GDP per capita in Armenia averaged 2444.64 USD from 1990 until 2018, reaching an all time high of 4406.70 USD in 2018 and a record low of 886 USD in 1993. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Armenia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Armenia was last recorded at 9177.70 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Armenia, when adjusted by Purchasing Power Parity is equivalent to 52 percent of the world's average. GDP per capita PPP in Armenia averaged 5091.40 USD from 1990 until 2018, reaching an all time high of 9177.70 USD in 2018 and a record low of 1845.30 USD in 1993. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Armenia GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Armenia scored 61.28 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Armenia averaged 16.83 Points from 2007 until 2019, reaching an all time high of 61.28 Points in 2019 and a record low of 3.71 Points in 2010. 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. This page provides the latest reported value for - Armenia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Armenia is the 69 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Armenia averaged 84.31 from 2007 until 2019, reaching an all time high of 98 in 2011 and a record low of 69 in 2019. 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. This page provides the latest reported value for - Armenia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.