The Sales Tax Rate in Namibia stands at 15 percent. In Namibia, 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 Namibia. This page provides - Namibia Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Gabon stands at 18 percent. In Gabon, 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 Gabon. This page provides - Gabon Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Burundi stands at 18 percent. In Burundi, 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 Burundi. This page provides - Burundi Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Burkina Faso stands at 18 percent. In Burkina Faso, 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 Burkina Faso. This page provides - Burkina Faso Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Sierra Leone stands at 15 percent. In Sierra Leone, 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 Sierra Leone. This page provides - Sierra Leone Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Norway stands at 25 percent. In Norway, 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 Norway. This page provides - Norway Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Tunisia stands at 25.75 percent. Social Security Rate in Tunisia averaged 25.12 percent from 2004 until 2019, reaching an all time high of 25.76 percent in 2010 and a record low of 23.75 percent in 2005. In Tunisia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Tunisia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Tunisia Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate in Uganda stands at 15 percent. In Uganda, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Uganda because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Uganda Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Bosnia And Herzegovina stands at 41.50 percent. Social Security Rate in Bosnia And Herzegovina averaged 41.60 percent from 2010 until 2019, reaching an all time high of 42 percent in 2017 and a record low of 41.50 percent in 2011. This page provides - Bosnia And Herzegovina Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Lebanon stands at 25.50 percent. Social Security Rate in Lebanon averaged 23.63 percent from 2004 until 2019, reaching an all time high of 25.50 percent in 2019 and a record low of 23.50 percent in 2005. In Lebanon, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Lebanon because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Lebanon Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Estonia stands at 37.40 percent. Social Security Rate in Estonia averaged 35.44 percent from 2000 until 2019, reaching an all time high of 37.40 percent in 2018 and a record low of 33 percent in 2001. In Estonia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Estonia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Estonia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Finland stands at 32.53 percent. Social Security Rate in Finland averaged 31.34 percent from 2000 until 2018, reaching an all time high of 33.94 percent in 2016 and a record low of 29.30 percent in 2009. In Finland, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Finland because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Finland Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Mongolia stands at 26 percent. Social Security Rate in Mongolia averaged 23.63 percent from 2012 until 2019, reaching an all time high of 26 percent in 2019 and a record low of 23 percent in 2013. In Mongolia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Mongolia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Mongolia Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Slovenia stands at 38.20 percent. Social Security Rate in Slovenia averaged 38.18 percent from 2000 until 2019, reaching an all time high of 38.20 percent in 2002 and a record low of 38 percent in 2001. In Slovenia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Slovenia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Slovenia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Montenegro stands at 34.30 percent. Social Security Rate in Montenegro averaged 33.74 percent from 2011 until 2019, reaching an all time high of 34.30 percent in 2018 and a record low of 33.30 percent in 2012. In Montenegro, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Montenegro because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Montenegro Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in New Zealand stands at 11 percent. Social Security Rate in New Zealand averaged 8.80 percent from 2004 until 2018, reaching an all time high of 11 percent in 2007 and a record low of 0 percent in 2005. In New Zealand, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of New Zealand because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - New Zealand Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in the United Arab Emirates stands at 17.50 percent. In United Arab Emirates, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of United Arab Emirates because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - United Arab Emirates Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Cameroon stands at 20.40 percent. Social Security Rate in Cameroon averaged 19.35 percent from 2004 until 2019, reaching an all time high of 20.40 percent in 2016 and a record low of 19 percent in 2005. In Cameroon, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Cameroon because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Cameroon Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Rwanda stands at 8 percent. In Rwanda, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Rwanda because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Rwanda Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Equatorial Guinea stands at 26 percent. In Equatorial Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Equatorial Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Equatorial Guinea Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate in Gabon stands at 18.50 percent. Social Security Rate in Gabon averaged 21.32 percent from 2004 until 2019, reaching an all time high of 22.60 percent in 2005 and a record low of 18.50 percent in 2015. In Gabon, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Gabon because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Gabon Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate in Republic of the Congo stands at 24.29 percent. Social Security Rate in Republic of the Congo averaged 25.33 percent from 2004 until 2019, reaching an all time high of 26.79 percent in 2005 and a record low of 21.89 percent in 2004. In Republic Of The Congo, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Republic Of The Congo because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Republic Of The Congo Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Ukraine stands at 22 percent. Social Security Rate in Ukraine averaged 43.06 percent from 2006 until 2019, reaching an all time high of 53.30 percent in 2011 and a record low of 22 percent in 2016. In Ukraine, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Ukraine because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Ukraine Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Lithuania stands at 21.27 percent. Social Security Rate in Lithuania averaged 36.95 percent from 2004 until 2019, reaching an all time high of 41.98 percent in 2016 and a record low of 21.27 percent in 2019. In Lithuania, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Lithuania because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Lithuania Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Papua New Guinea stands at 14.40 percent. In Papua New Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Papua New Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Papua New Guinea Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Hungary stands at 39.50 percent. Social Security Rate in Hungary averaged 41.50 percent from 1990 until 2019, reaching an all time high of 53 percent in 1990 and a record low of 36 percent in 2011. In Hungary, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Hungary because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Hungary Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Poland stands at 44.69 percent. Social Security Rate in Poland averaged 43.88 percent from 1981 until 2019, reaching an all time high of 50.86 percent in 2006 and a record low of 25 percent in 1981. In Poland, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Poland because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Poland Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in the United Kingdom stands at 25.80 percent. Social Security Rate in the United Kingdom averaged 23.43 percent from 1981 until 2019, reaching an all time high of 25.80 percent in 2011 and a record low of 9 percent in 1990. In the United Kingdom, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of the United Kingdom because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - United Kingdom Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Philippines stands at 11.36 percent. Social Security Rate in Philippines averaged 10.91 percent from 2006 until 2018, reaching an all time high of 11.36 percent in 2014 and a record low of 9.63 percent in 2006. In Philippines, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Philippines because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Philippines Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Spain stands at 36.25 percent. Social Security Rate in Spain averaged 36.65 percent from 1981 until 2019, reaching an all time high of 39.44 percent in 1981 and a record low of 36.20 percent in 1990. In Spain, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Spain because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Spain Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate in China stands at 48 percent. In China, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of China because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - China Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Canada stands at 13.81 percent. Social Security Rate in Canada averaged 13.74 percent from 1981 until 2018, reaching an all time high of 14.95 percent in 2003 and a record low of 7.90 percent in 1981. In Canada, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Canada because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Canada Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Ireland stands at 14.95 percent. Social Security Rate in Ireland averaged 14.30 percent from 1981 until 2019, reaching an all time high of 19.95 percent in 1990 and a record low of 12.80 percent in 2002. In Ireland, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Ireland because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Ireland Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate in Singapore stands at 37 percent. Social Security Rate in Singapore averaged 35.41 percent from 2004 until 2019, reaching an all time high of 37 percent in 2015 and a record low of 33 percent in 2005. In Singapore, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Singapore because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Singapore Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Thailand stands at 10 percent. Social Security Rate in Thailand averaged 9.71 percent from 2006 until 2019, reaching an all time high of 10 percent in 2007 and a record low of 8 percent in 2012. In Thailand, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Thailand because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Thailand Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Argentina stands at 43.70 percent. Social Security Rate in Argentina averaged 43.67 percent from 2006 until 2019, reaching an all time high of 44 percent in 2007 and a record low of 40 percent in 2006. In Argentina, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Argentina because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Argentina Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Germany stands at 39.06 percent. Social Security Rate in Germany averaged 39.94 percent from 1981 until 2019, reaching an all time high of 42.53 percent in 2005 and a record low of 33.35 percent in 1981. In Germany, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Germany because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Germany Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate in Norway stands at 22.30 percent. Social Security Rate in Norway averaged 20.93 percent from 1981 until 2020, reaching an all time high of 24.50 percent in 1990 and a record low of 4.40 percent in 1981. In Norway, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Norway because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Norway Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Switzerland stands at 12 percent. Social Security Rate in Switzerland averaged 14.51 percent from 2000 until 2020, reaching an all time high of 18.10 percent in 2001 and a record low of 12 percent in 2018. In Switzerland, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Switzerland because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Switzerland Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Netherlands stands at 50.84 percent. Social Security Rate in Netherlands averaged 49.88 percent from 2000 until 2020, reaching an all time high of 53.05 percent in 2005 and a record low of 46.12 percent in 2017. In Netherlands, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Netherlands because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Netherlands Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Sweden stands at 38.42 percent. Social Security Rate in Sweden averaged 38.93 percent from 2000 until 2020, reaching an all time high of 39.90 percent in 2000 and a record low of 38.40 percent in 2009. In Sweden, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Sweden because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Sweden Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Indonesia stands at 9.74 percent. Social Security Rate in Indonesia averaged 13.29 percent from 2007 until 2018, reaching an all time high of 15.74 percent in 2016 and a record low of 9.74 percent in 2017. In Indonesia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Indonesia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Indonesia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in France stands at 59.20 percent. Social Security Rate in France averaged 55.56 percent from 1981 until 2020, reaching an all time high of 59.20 percent in 2017 and a record low of 51.22 percent in 1981. In France, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of France because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - France Social Security Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate in Angola stands at 11 percent. In Angola, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Angola because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Angola Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Living Wage Family in Colombia increased to 1095100 COP/Month in 2018 from 1065500 COP/Month in 2017. Living Wage Family in Colombia averaged 1068875 COP/Month from 2015 until 2018, reaching an all time high of 1095100 COP/Month in 2018 and a record low of 1042100 COP/Month in 2016. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.

Colombia recorded a government debt equivalent to 50.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Colombia averaged 38.41 percent from 1996 until 2018, reaching an all time high of 50.50 percent in 2018 and a record low of 23.30 percent in 1996. 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 - Colombia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Colombia increased to 10303 USD Million in 2018 from 10018 USD Million in 2017. Military Expenditure in Colombia averaged 3567.31 USD Million from 1958 until 2018, reaching an all time high of 10303 USD Million in 2018 and a record low of 358 USD Million in 1959.

Deposit Interest Rate in Colombia decreased to 4.70 percent in 2018 from 6 percent in 2017. Deposit Interest Rate in Colombia averaged 16.86 percent from 1986 until 2018, reaching an all time high of 37.23 percent in 1991 and a record low of 3.66 percent in 2010. 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 Colombia.

Colombia scored 62.73 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Colombia averaged 17.49 Points from 2007 until 2019, reaching an all time high of 62.73 Points in 2019 and a record low of 4.04 Points in 2008. 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 - Colombia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Colombia is the 57 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Colombia averaged 65.38 from 2007 until 2019, reaching an all time high of 74 in 2009 and a record low of 57 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing 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. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables 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. This page provides the latest reported value for - Colombia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.