Australia is the 14 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 Australia averaged 18.08 from 2007 until 2018, reaching an all time high of 22 in 2015 and a record low of 14 in 2018.

Australia Competitiveness Rank
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Australia Business Last Previous Highest Lowest Unit
Business Confidence 3.00 5.00 21.00 -30.00 Index Points [+]
Services PMI 55.10 51.10 63.00 39.00 Index Points [+]
Manufacturing PMI 51.30 58.30 63.10 30.86 [+]
Industrial Production 2.80 4.30 12.60 -7.60 percent [+]
Industrial Production Mom -0.80 0.70 5.10 -7.00 percent [+]
Manufacturing Production -0.70 2.10 8.60 -11.80 percent [+]
Capacity Utilization 81.84 82.10 84.67 78.24 percent [+]
New Orders 31.00 49.00 49.00 -37.00 Index Points [+]
Changes in Inventories 47.00 1223.00 4159.00 -3845.00 AUD Million [+]
Bankruptcies 635.00 783.00 1123.00 217.00 Companies [+]
Corporate Profits 90221.00 88576.00 90221.00 12032.00 AUD Million [+]
Total Vehicle Sales 93860.00 90718.00 130300.00 48099.00 [+]
Car Registrations 14078.61 13815.11 14078.61 3990.94 Thousand [+]
Leading Economic Index 0.10 0.00 0.54 -1.10 percent [+]
Small Business Sentiment -4.01 1.54 18.71 -21.10 [+]
Internet Speed 11063.10 10098.33 11063.10 1922.87 KBps [+]
IP Addresses 9859878.00 9310525.00 13859005.00 5227461.00 IP [+]
Private Investment -0.50 -0.90 15.60 -8.40 percent [+]
Mining Production 6.10 6.30 25.20 -16.90 percent [+]
Steel Production 440.55 433.73 819.00 238.00 Thousand Tonnes [+]
Corruption Index 77.00 79.00 88.60 77.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Competitiveness Index 78.85 78.17 78.85 5.08 Points [+]
Competitiveness Rank 14.00 15.00 22.00 14.00 [+]
Composite Pmi 52.90 52.00 58.30 52.00 Index Points [+]
Business Inventories 0.00 0.70 2.80 -2.80 percent [+]
Ease of Doing Business 18.00 14.00 18.00 9.00 [+]


Australia Competitiveness Rank

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 - Australia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Competitiveness Rank - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
14.00 15.00 22.00 14.00 2007 - 2018 Yearly




Country Last Previous
United States 1.00 Dec/18
Singapore 2.00 Dec/18
Germany 3.00 Dec/18
Switzerland 4.00 Dec/18
Japan 5.00 Dec/18
Netherlands 6.00 Dec/18
United Kingdom 8.00 Dec/18
Canada 12.00 Dec/18
Australia 14.00 Dec/18
South Korea 15.00 Dec/18
France 17.00 Dec/18
Spain 26.00 Dec/18
China 28.00 Dec/18
Italy 31.00 Dec/18
Saudi Arabia 39.00 Dec/18
Russia 43.00 Dec/18
Indonesia 45.00 Dec/18
Mexico 46.00 Dec/18
India 58.00 Dec/18
Turkey 61.00 Dec/18
South Africa 67.00 Dec/18
Brazil 72.00 Dec/18
Argentina 81.00 Dec/18


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