New Zealand is the 19 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. source: World Economic Forum

Competitiveness Rank in New Zealand averaged 20.31 from 2007 until 2019, reaching an all time high of 25 in 2012 and a record low of 16 in 2016. This page provides the latest reported value for - New Zealand Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Competitiveness Rank - values, historical data and charts - was last updated on September of 2021.

Competitiveness Rank in New Zealand is expected to reach 18.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Competitiveness Rank is projected to trend around 18.00 in 2021, according to our econometric models.

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New Zealand Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
19.00 18.00 25.00 16.00 2007 - 2019 Yearly

New Zealand Business Last Previous Highest Lowest Unit
Manufacturing PMI 40.10 62.20 63.60 26.25 points [+]
Industrial Production 16.10 0.50 16.10 -14.30 percent [+]
Capacity Utilization 94.90 93.30 95.10 86.33 percent [+]
Changes in Inventories 224.00 948.00 948.00 -1129.00 NZD Million [+]
Car Registrations 2519.00 5695.00 6933.00 419.00 [+]
Internet Speed 14708.73 12865.57 14708.73 1998.81 KBps [+]
IP Addresses 1778178.00 1690601.00 2110050.00 831298.00 IP [+]
Services PMI 35.60 55.90 60.80 26.00 points [+]
Manufacturing Sales 18.80 4.30 18.80 -12.10 percent [+]
Bankruptcies 42.00 60.00 341.00 28.00 Individuals [+]
Competitiveness Index 76.75 77.51 78.09 4.91 Points [+]
Competitiveness Rank 19.00 18.00 25.00 16.00 [+]
Composite PMI 38.00 59.60 59.60 24.50 points [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 88.00 87.00 96.00 87.00 Points [+]
Corruption Rank 1.00 1.00 4.00 1.00 [+]


New Zealand 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.