The score given to Argentina on the Global Competitiveness Report, a study that assesses the competitiveness level of countries' economies worldwide, has decreased recently. In 2019, the Argentinian economy had a competitiveness index of 57.2 points (in a range from 1 to 100), down from nearly 57.5 points observed a year earlier. Furthermore, Argentina's neighbor Chile was regarded as the most competitive economy in Latin America altogether.
Competitiveness index of Argentina from 2008 to 2019
* From 2017, the study methodology changed. Before 2017, the index ranged from 1 to 7. As of 2017, it ranges from 1 to 100.
The Global Competitiveness Index is based on twelve pillars of competitiveness, such as technology levels, infrastructure, labor market efficiency, etc. These indicators are combined in an index which provides insight into how a country is able to generate wealth.
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Trading Economics. (October 8, 2019). Competitiveness index of Argentina from 2008 to 2019 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/789224/competitiveness-index-argentina/
Trading Economics. "Competitiveness index of Argentina from 2008 to 2019." Chart. October 8, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/789224/competitiveness-index-argentina/
Trading Economics. (2019). Competitiveness index of Argentina from 2008 to 2019. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/789224/competitiveness-index-argentina/
Trading Economics. "Competitiveness Index of Argentina from 2008 to 2019." Statista, Statista Inc., 8 Oct 2019, https://www.statista.com/statistics/789224/competitiveness-index-argentina/
Trading Economics, Competitiveness index of Argentina from 2008 to 2019 Statista, https://www.statista.com/statistics/789224/competitiveness-index-argentina/ (last visited December 21, 2024)
Competitiveness index of Argentina from 2008 to 2019 [Graph], Trading Economics, October 8, 2019. [Online]. Available: https://www.statista.com/statistics/789224/competitiveness-index-argentina/