Abstract:
In the context of globalization, the openness of most economies, the challenge is to increase the competitiveness of the national economy. At the same time, the quality of life of the population is an essential component of competitiveness. Therefore, the authors set themselves the task of assessing the relationship between competitiveness and welfare. In the research process, the method of correlation-regression analysis was used. The authors concluded that there is a close direct relationship between competitiveness, sustainable development and welfare.