Lao People’s Democratic Republic - Global competitiveness rank (1=the best)

50 (rank) in 2019

In 2019, global competitiveness rank for Lao People’s Democratic Republic was 50 rank. Global competitiveness rank of Lao People’s Democratic Republic increased from 49 rank in 2017 to 50 rank in 2019 growing at an average annual rate of 1.58%.

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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 Lao People’s Democratic Republic global competitiveness rank?