Austria - Global competitiveness rank (1=the best)

77 (rank) in 2019

In 2019, global competitiveness rank for Austria was 77 rank. Between 2017 and 2019, global competitiveness rank of Austria grew substantially from 76 to 77 rank rising at an increasing annual rate that reached a maximum of 0.36% in 2019.

The description is composed by our digital data assistant.
What is global competitiveness rank?

The Global Competitiveness Index 4.0 assesses the microeconomic and macroeconomic foundations of national competitiveness, which is defined as the set of institutions, policies, and factors that determine the level of productivity of a country.

What is Austria global competitiveness rank?