Australia scored 78.75 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum.

Competitiveness Index in Australia averaged 22.09 Points from 2007 until 2019, reaching an all time high of 78.85 Points in 2018 and a record low of 5.08 Points in 2015. This page provides the latest reported value for - Australia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Competitiveness Index - values, historical data and charts - was last updated on October of 2020. source: World Economic Forum

Competitiveness Index in Australia is expected to reach 5.25 Points by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Competitiveness Index is projected to trend around 5.25 Points in 2021 and 81.85 Points in 2022, according to our econometric models.

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Australia Competitiveness Index

Actual Previous Highest Lowest Dates Unit Frequency
78.75 78.85 78.85 5.08 2007 - 2019 Points Yearly

Australia Business Last Previous Highest Lowest Unit
Business Confidence -4.00 -8.00 21.00 -66.00 points [+]
Services PMI 36.20 42.50 63.00 27.10 points [+]
Manufacturing PMI 46.70 49.30 62.50 29.47 points [+]
Industrial Production 2.50 3.30 12.70 -7.70 percent [+]
Industrial Production Mom -0.10 1.20 5.10 -7.00 percent [+]
Manufacturing Production 2.70 0.20 8.60 -11.70 percent [+]
Capacity Utilization 76.89 76.13 84.63 71.90 percent [+]
New Orders -10.00 7.00 49.00 -37.00 points [+]
Changes in Inventories -4085.00 -1261.00 4265.00 -4085.00 AUD Million [+]
Bankruptcies 275.00 373.00 1123.00 217.00 Companies [+]
Corporate Profits 109606.00 95337.00 109606.00 12032.00 AUD Million [+]
Total Vehicle Sales 68985.00 60986.00 130300.00 38926.00 [+]
Car Registrations 14504.15 14330.43 14504.15 3990.94 Thousand [+]
Leading Economic Index 0.22 0.49 0.54 -1.76 percent [+]
Small Business Sentiment -9.68 -6.28 18.52 -21.19 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Private Investment -5.90 -2.10 15.70 -8.60 percent [+]
Mining Production 4.30 6.80 25.40 -16.80 percent [+]
Industrial Sentiment 55.40 53.60 57.20 44.00 points [+]
Services Sentiment 50.80 49.00 58.40 19.50 points [+]
Steel Production 477.28 478.40 819.00 238.00 Thousand Tonnes [+]
Corruption Index 77.00 77.00 88.60 77.00 Points [+]
Corruption Rank 12.00 13.00 13.00 7.00 [+]
Competitiveness Index 78.75 78.85 78.85 5.08 Points [+]
Competitiveness Rank 16.00 14.00 22.00 14.00 [+]
Composite Pmi 51.10 49.40 58.30 21.70 points [+]
Business Inventories -3.00 -1.40 2.80 -3.00 percent [+]
Ease of Doing Business 14.00 18.00 18.00 9.00 [+]


Australia Competitiveness Index
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.