Paraguay - Global competitiveness rank (1=the best)

54 (rank) in 2019

In 2019, global competitiveness rank for Paraguay was 54 rank. Global competitiveness rank of Paraguay increased from 53 rank in 2017 to 54 rank in 2019 growing at an average annual rate of 0.72%.

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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 Paraguay global competitiveness rank?