Venezuela recorded a trade surplus of 5680 USD Million in the first quarter of 2019. Balance of Trade in Venezuela averaged 4365.15 USD Million from 1990 until 2019, reaching an all time high of 18496 USD Million in the third quarter of 2008 and a record low of -3154 USD Million in the fourth quarter of 2008. Venezuela has been recording trade surpluses since 1997 due to shipments of oil (96 percent of total exports). Main imports are: electronics, chemicals, agricultural products and livestock and base metals. Main trading partners are: United States (40 percent of total exports and 26 percent of imports) and China (11 percent of exports and 15 percent of imports). Others include: Brazil, India, Cuba and Colombia. This page provides - Venezuela Balance of Trade - 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.

Venezuela scored 16 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Venezuela averaged 21.69 Points from 1995 until 2019, reaching an all time high of 28 Points in 2001 and a record low of 16 Points in 2019. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Venezuela Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Venezuela is the 173 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Venezuela averaged 124.96 from 1995 until 2019, reaching an all time high of 173 in 2019 and a record low of 38 in 1995. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Venezuela Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Venezuela stands at 16 percent. Sales Tax Rate in Venezuela averaged 12.40 percent from 2006 until 2020, reaching an all time high of 16 percent in 2019 and a record low of 9 percent in 2008. In Venezuela, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Venezuela. This page provides - Venezuela Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Minimum Wages in Venezuela increased to 4000000000 VEF/Month in April from 1800000000 VEF/Month in January of 2019. Minimum Wages in Venezuela averaged 109178051.92 VEF/Month from 1989 until 2019, reaching an all time high of 4000000000 VEF/Month in April of 2019 and a record low of 4 VEF/Month in January of 1989. In Venezuela, minimum wage refers to the lowest gross wage per month. There is also a minimum wage set for apprentices and pensioners. A Christmas bonus - Aguinaldo -(from 15 days to 4 months' pay) and a vacation bonus are compulsory for all employees. This page provides - Venezuela Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Venezuela stands at 34 percent. In Venezuela, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Venezuela. This page provides - Venezuela Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Venezuela stands at 34 percent. In Venezuela, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Venezuela. This page provides - Venezuela Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Venezuela was worth 280 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Venezuela represents 0.23 percent of the world economy. GDP in Venezuela averaged 100.20 USD Billion from 1960 until 2019, reaching an all time high of 482.36 USD Billion in 2014 and a record low of 7.78 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Venezuela GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Venezuela was estimated at 32.2 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Venezuela had a population of 7.6 million people. The population of Venezuela represents 0.42 percent of the world´s total population which arguably means that one person in every 238 people on the planet is a resident of Venezuela. This page provides - Venezuela Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Venezuela decreased to 0 USD Million in December from 246 USD Million in November of 2019. External Debt in Venezuela averaged 247.53 USD Million from 1996 until 2019, reaching an all time high of 2189 USD Million in September of 2013 and a record low of 0 USD Million in June of 2007. In Venezuela, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Venezuela External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Venezuela was last recorded at 23.15 percent. Interest Rate in Venezuela averaged 23.70 percent from 1998 until 2020, reaching an all time high of 83.73 percent in February of 2002 and a record low of 12.79 percent in April of 2006. The Central Bank of Venezuela (Banco Central de Venezuela, BCV) is not responsible for setting interest rates. This page provides the latest reported value for - Venezuela Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Crude Oil Production in Venezuela decreased to 718 BBL/D/1K in March from 865 BBL/D/1K in February of 2020. Crude Oil Production in Venezuela averaged 2361.42 BBL/D/1K from 1973 until 2020, reaching an all time high of 3453 BBL/D/1K in December of 1997 and a record low of 594 BBL/D/1K in January of 2003. This page provides the latest reported value for - Venezuela Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Confidence in Venezuela decreased to 74 points in the first quarter of 2020 from 75 points in the fourth quarter of 2019. Consumer Confidence in Venezuela averaged 70.53 points from 2011 until 2020, reaching an all time high of 89 points in the first quarter of 2012 and a record low of 57 points in the third quarter of 2016. In Venezuela, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism. This page provides - Venezuela Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in Venezuela remained unchanged at 2 Thousand Tonnes in March from 2 Thousand Tonnes in February of 2020. Steel Production in Venezuela averaged 249.47 Thousand Tonnes from 1980 until 2020, reaching an all time high of 479 Thousand Tonnes in March of 2007 and a record low of 0 Thousand Tonnes in January of 2020. This page has Steel Production values for Venezuela.

Banks Balance Sheet in Venezuela increased to 431149466.36 VEF Million in February from 415860966.66 VEF Million in January of 2020. Banks Balance Sheet in Venezuela averaged 8132648.28 VEF Million from 1999 until 2020, reaching an all time high of 431149466.36 VEF Million in February of 2020 and a record low of 0.01 VEF Million in August of 1999. This page provides - Venezuela Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Venezuela increased to 19918538930 points in March of 2020 from 16868538486 points in February of 2020. CPI Transportation in Venezuela averaged 561689278.25 points from 2008 until 2020, reaching an all time high of 19918538930 points in March of 2020 and a record low of 103.40 points in January of 2008. This page provides - Venezuela Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Venezuela was recorded at 39113.80 percent in September of 2019. Inflation Rate in Venezuela averaged 3742.55 percent from 1973 until 2019, reaching an all time high of 344509.50 percent in February of 2019 and a record low of 3.22 percent in February of 1973. In Venezuela, the main components of the consumer price index are: Food and Noon-Alcoholic Beverages (32.2 percent of the total weight); Transports (10.8 percent) and House Rental (9.8 percent). Restaurants and Hotels account for 8.8 percent; Clothing and Footwear for 7.2 percent; Miscellaneous Goods and Services for 5.8 percent and Household Equipment for 5.6 percent. Others include: Health Care (4.3 percent); Communications (3.8 percent); Leisure and Culture (3.6 percent); Alcoholic Beverages and Tobacco (3 percent); Education (2.7 percent) and Household Services (2.3 percent). The national index has a base of 100 as of December 2007. The CPI covers 10 metropolitan areas, plus 74 other localities in the rest of the country. This page provides - Venezuela Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Venezuela increased 13.30 percent in March of 2020 over the previous month. Inflation Rate Mom in Venezuela averaged 16.69 percent from 2008 until 2020, reaching an all time high of 196.60 percent in January of 2019 and a record low of 0.80 percent in April of 2012. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Venezuela Inflation Rate MoM - 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.

Venezuela recorded a Government Budget deficit equal to 29.90 percent of the country's Gross Domestic Product in 2019. Government Budget in Venezuela averaged -5.79 percent of GDP from 1990 until 2019, reaching an all time high of 3.79 percent of GDP in 1991 and a record low of -29.90 percent of GDP in 2018. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Venezuela Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Venezuela recorded a Current Account surplus of 9.80 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Venezuela averaged 4.59 percent from 1980 until 2019, reaching an all time high of 17.70 percent in 2005 and a record low of -9.20 percent in 1988. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Venezuela Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gasoline Prices in Venezuela remained unchanged at 0.01 USD/100Liters in April from 0.01 USD/100Liters in March of 2020. This page provides the latest reported value for - Venezuela Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M2 in Venezuela increased to 74118876.88 VEF Million in March from 59073468.46 VEF Million in February of 2020. Money Supply M2 in Venezuela averaged 652521.66 VEF Million from 1976 until 2020, reaching an all time high of 74118876.88 VEF Million in March of 2020 and a record low of 0 VEF Million in February of 1976. Venezuela Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Venezuela Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Venezuela increased to 74118876.88 VEF Million in March from 59073468.46 VEF Million in February of 2020. Money Supply M3 in Venezuela averaged 652521.66 VEF Million from 1976 until 2020, reaching an all time high of 74118876.88 VEF Million in March of 2020 and a record low of 0 VEF Million in February of 1976. Venezuela Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides - Venezuela Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Venezuela increased to 54398921.69 VEF Million in March from 45265733.59 VEF Million in February of 2020. Money Supply M0 in Venezuela averaged 817338.29 VEF Million from 1993 until 2020, reaching an all time high of 54398921.69 VEF Million in March of 2020 and a record low of 0 VEF Million in February of 1993. Venezuela Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Venezuela Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Venezuela increased to 73964994.14 VEF Million in March from 58935301.13 VEF Million in February of 2020. Money Supply M1 in Venezuela averaged 455238.37 VEF Million from 1957 until 2020, reaching an all time high of 73964994.14 VEF Million in March of 2020 and a record low of 0 VEF Million in February of 1957. This page provides - Venezuela Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Rigs in Venezuela decreased to 12 in April from 23 in March of 2020. Crude Oil Rigs in Venezuela averaged 62.50 from 1995 until 2020, reaching an all time high of 119 in May of 1997 and a record low of 12 in January of 2003. This page provides - Venezuela Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Venezuela increased to 36672660863.30 points in March from 32673723806.60 points in February of 2020. Consumer Price Index CPI in Venezuela averaged 300105777.98 points from 1975 until 2020, reaching an all time high of 36672660863.30 points in March of 2020 and a record low of 0.10 points in April of 1975. The Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services in Caracas area. This page provides - Venezuela Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Venezuela decreased to 6432 USD Million in April from 7018 USD Million in March of 2020. Foreign Exchange Reserves in Venezuela averaged 12338.79 USD Million from 1962 until 2020, reaching an all time high of 43127 USD Million in December of 2008 and a record low of 514.50 USD Million in September of 1962. In Venezuela, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Venezuela Foreign Exchange Reserves - 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.

Venezuela recorded 388 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Venezuela reported 10 Coronavirus Deaths. This page includes a chart with historical data for Venezuela Coronavirus Cases.

Venezuela recorded 10 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Venezuela reported 388 Coronavirus Cases. This page includes a chart with historical data for Venezuela Coronavirus Deaths.

Venezuela recorded 190 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Venezuela reported 10 Coronavirus Deaths. This page includes a chart with historical data for Venezuela Coronavirus Recovered.

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.

Imports from New Zealand in China increased to 1122300 USD THO in April from 977600 USD THO in March of 2020. Imports from New Zealand in China averaged 781328.51 USD THO from 2014 until 2020, reaching an all time high of 2356200 USD THO in February of 2020 and a record low of 0 USD THO in April of 2014. This page includes a chart with historical data for China Imports From New Zealand.

Imports from Brazil in China increased to 5681400 USD THO in April from 5413100 USD THO in March of 2020. Imports from Brazil in China averaged 5056071.54 USD THO from 2014 until 2020, reaching an all time high of 12089700 USD THO in February of 2020 and a record low of 0.30 USD THO in April of 2014. This page includes a chart with historical data for China Imports From Brazil.

Exports to New Zealand in China increased to 468100 USD THO in April from 440800 USD THO in March of 2020. Exports to New Zealand in China averaged 436746.92 USD THO from 2014 until 2020, reaching an all time high of 666000 USD THO in February of 2020 and a record low of 202271.66 USD THO in February of 2014. This page includes a chart with historical data for China Exports To New Zealand.

Exports to Brazil in China decreased to 2365700 USD THO in April from 2555000 USD THO in March of 2020. Exports to Brazil in China averaged 2553309.14 USD THO from 2014 until 2020, reaching an all time high of 4866300 USD THO in December of 2019 and a record low of 1211303 USD THO in February of 2016. This page includes a chart with historical data for China Exports To Brazil.

Imports of Fertilizers in China decreased to 254300 USD THO in April from 296900 USD THO in March of 2020. Imports of Fertilizers in China averaged 233061.67 USD THO from 1996 until 2020, reaching an all time high of 525500 USD THO in February of 2020 and a record low of 31321 USD THO in October of 2009. This page includes a chart with historical data for China Imports of Fertilizers.

Military Expenditure in Kazakhstan increased to 1607 USD Million in 2018 from 1391 USD Million in 2017. Military Expenditure in Kazakhstan averaged 853.85 USD Million from 1993 until 2018, reaching an all time high of 1714 USD Million in 2015 and a record low of 231 USD Million in 1999.

Kazakhstan recorded a government debt equivalent to 21.90 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Kazakhstan averaged 13.26 percent from 2002 until 2018, reaching an all time high of 21.90 percent in 2015 and a record low of 5.90 percent in 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Kazakhstan Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Kazakhstan was last recorded at 11165.50 US dollars in 2018. The GDP per Capita in Kazakhstan is equivalent to 88 percent of the world's average. GDP per capita in Kazakhstan averaged 7096.69 USD from 1990 until 2018, reaching an all time high of 11165.50 USD in 2018 and a record low of 3738.50 USD in 1995. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Kazakhstan GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Kazakhstan was last recorded at 24738.40 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Kazakhstan, when adjusted by Purchasing Power Parity is equivalent to 139 percent of the world's average. GDP per capita PPP in Kazakhstan averaged 15723.42 USD from 1990 until 2018, reaching an all time high of 24738.40 USD in 2018 and a record low of 8282.90 USD in 1995. 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 the latest reported value for - Kazakhstan GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gross National Product in Kazakhstan increased to 59613707.50 KZT Million in 2018 from 53101281.80 KZT Million in 2017. Gross National Product in Kazakhstan averaged 15526589.17 KZT Million from 1990 until 2018, reaching an all time high of 59613707.50 KZT Million in 2018 and a record low of 25081.80 KZT Million in 1993. This page provides - Kazakhstan Gross National Product- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Export Prices in Kazakhstan decreased to 98.40 Index Points in June from 103.40 Index Points in May of 2019. Export Prices in Kazakhstan averaged 100.93 Index Points from 2000 until 2019, reaching an all time high of 114 Index Points in July of 2009 and a record low of 79.80 Index Points in December of 2008. This page provides the latest reported value for - Kazakhstan Export Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Import Prices in Kazakhstan increased to 100.80 Index Points in June from 100.20 Index Points in May of 2019. Import Prices in Kazakhstan averaged 100.89 Index Points from 2000 until 2019, reaching an all time high of 108.50 Index Points in May of 2001 and a record low of 92.80 Index Points in January of 2015. This page provides the latest reported value for - Kazakhstan Import Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Kazakhstan scored 62.94 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Kazakhstan averaged 17.57 Points from 2007 until 2019, reaching an all time high of 62.94 Points in 2019 and a record low of 4.07 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 - Kazakhstan Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.