CrnogorskiEnglish available languages

The World Economic Forum has published 2019 edition of Global Competitiveness report. Montenegro was placed 73rd out of 141 economies.In comparison to the previous report which assessed 140 economies, Montenegro dropped for two positions (2018 ranking 71/140).

According to national performances, Montenegro is assessed the best in the field of labor market, where it takes the 26th position globally. On the other hand, macroeconomic stability was ranked 104/141. In that section, Montenegro showed worse performances if compared to the previous year. It has even worse global position in the parameter “market size” , 134th. However, that parameter is considered fixed, because it literally means the area within the national borders. Despite that factor, Singapore is ranked among first markets for ages although it is one of the smallest states in the world.

By analyzing this report, we have concluded that Montenegro recorded a progress within the National Authorities, IT sector, healthcare, key compentences of the citizens, goods market, financial system or business dynamics factors. Regression of the macroeconomics stability performances and strengthening of other economies caused Montenegro to be placed 2 positions down if compared to the previous year.

2019 Montenegro Global Competitiveness Report:

Kompletan izvještaj za svaku zemlju ponaosob dostupan je na sljedećem linku:

Scores are on a 0 to 100 scale, where 100 represents the optimal situation or ‘frontier’. Arrows indicate the direction of the change in score from the previous edition, if available.

Top 10

According to the 2019 Global Competitiveness Report, the top 10 economies of the world are:

1. Singapore (+1)
2. USA (-1)
3. Hong Kong (+4)
4. the Netherlands (+2)
5. Switzerland (-1)
6. Japan (-1)
7. Germany (-4)
8. Sweden (+1)
9. UK (-1)
10. Denmark (=)

In the brackets are indicated rank changes in comparison to the 2018 report.

Index Components / Pillars are:

1. Institutions
2. Infrastructure
3. ICT Adoption
4. Macroeconomic Stability
5. Health Care
6. Skills
7. Product Market
8. Labor Market
9. Financial System
10. Market Size
11. Business Dynamism
12. Innovation

CrnogorskiEnglish available languages