New Zealand is the 19 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 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. source: World Economic Forum

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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 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.

New Zealand Business Last Previous Highest Lowest Unit
Business Confidence -13.20 -26.40 80.90 -76.40 percent [+]
Manufacturing PMI 49.30 51.40 62.80 36.10 points [+]
Industrial Production 0.20 -0.40 17.60 -10.50 percent [+]
Capacity Utilization 92.00 92.40 93.70 86.33 percent [+]
Changes in Inventories 747.00 -375.00 747.00 -1002.00 NZD Million [+]
Car Registrations 5209.00 5334.00 6933.00 810.00 [+]
Internet Speed 14708.73 12865.57 14708.73 1998.81 KBps [+]
IP Addresses 1778178.00 1690601.00 2110050.00 831298.00 IP [+]
Services Pmi 51.90 52.90 60.90 44.70 points [+]
Steel Production 59.30 51.42 89.00 30.94 Thousand Tonnes [+]
Competitiveness Index 76.75 77.51 78.09 4.91 Points [+]
Competitiveness Rank 19.00 18.00 25.00 16.00 [+]
Composite Pmi 52.50 54.30 59.50 40.00 points [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 87.00 89.00 96.00 87.00 Points [+]
Corruption Rank 2.00 1.00 4.00 1.00 [+]