South Africa - Global competitiveness rank (1=the best)

62 (rank) in 2019

In 2019, global competitiveness rank for South Africa was 62 rank. Global competitiveness rank of South Africa increased from 61 rank in 2017 to 62 rank in 2019 growing at an average annual rate of 1.30%.

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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 South Africa global competitiveness rank?