The United States is the 2 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 the United States averaged 2.77 from 2007 until 2019, reaching an all time high of 7 in 2013 and a record low of 1 in 2008. This page provides the latest reported value for - United States Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Competitiveness Rank - values, historical data and charts - was last updated on July of 2020. source: World Economic Forum

Competitiveness Rank in the United States is expected to reach 1.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Competitiveness Rank is projected to trend around 1.00 in 2021, according to our econometric models.

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United States Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.00 7.00 1.00 2007 - 2019 Yearly

United States Business Last Previous Highest Lowest Unit
Business Confidence 52.60 43.10 77.50 29.40 points [+]
Manufacturing PMI 49.80 39.80 57.90 36.10 points [+]
Non Manufacturing PMI 45.40 41.80 62.00 37.80 points [+]
Services PMI 46.70 37.50 61.00 26.70 points [+]
Composite Pmi 46.80 37.00 61.00 27.00 points [+]
Industrial Production -15.30 -16.20 62.00 -33.70 percent [+]
Industrial Production Mom 1.40 -12.50 16.60 -12.50 percent [+]
Manufacturing Production -16.50 -19.50 67.90 -39.40 percent [+]
Capacity Utilization 64.80 63.97 89.39 63.97 percent [+]
Durable Goods Orders 15.80 -18.10 23.20 -18.40 percent [+]
Durable Goods Orders Ex Defense 15.50 -17.10 25.50 -19.20 percent [+]
Durable Goods Orders Ex Transportation 4.00 -8.20 6.30 -10.20 percent [+]
Factory Orders Ex Transportation 2.60 -8.90 4.60 -8.90 percent [+]
New Orders 412838.00 384306.00 549482.00 223500.00 USD Million [+]
Factory Orders 8.00 -13.50 10.30 -13.50 percent [+]
Business Inventories -1.30 -0.30 1.30 -2.00 percent [+]
Changes in Inventories -67.15 13.07 173.21 -245.13 USD Billion [+]
Wholesale Inventories -1.20 0.20 2.10 -2.00 percent [+]
Bankruptcies 23114.00 22780.00 82446.00 19695.00 Companies [+]
Corporate Profits 1672.33 1908.23 1908.23 14.67 USD Billion [+]
NFIB Business Optimism Index 94.40 90.90 108.80 80.10 points [+]
NY Empire State Manufacturing Index -0.20 -48.50 39.00 -78.20 points [+]
Philadelphia Fed Manufacturing Index 27.50 -43.10 58.50 -57.90 points [+]
Richmond Fed Manufacturing Index 0.00 -27.00 27.00 -53.00 points [+]
Ism New York Index 39.50 19.50 88.80 4.30 percent [+]
Dallas Fed Manufacturing Index -6.10 -49.20 47.80 -74.00 points [+]
Chicago Fed National Activity Index 2.61 -17.89 2.61 -17.89 [+]
Chicago Pmi 36.60 32.30 78.60 21.20 points [+]
Total Vehicle Sales 12.20 8.60 21.77 8.60 Million [+]
Car Production 0.54 0.01 9.92 0.01 Million Units [+]
Car Registrations 180.56 254.05 1149.00 180.56 Thousand [+]
Crude Oil Stocks Change -7.20 1.44 19.25 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 65.00 120.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 1199.00 -1673.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 117.99 111.96 130.66 45.48 points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
Crude Oil Rigs 185.00 188.00 1609.00 98.00 [+]
API Crude Oil Stock Change -8.16 1.75 14.30 -12.40 BBL/1Million [+]
Competitiveness Index 83.67 85.64 85.64 5.42 Points [+]
Competitiveness Rank 2.00 1.00 7.00 1.00 [+]
Cushing Crude Oil Stocks -263.00 -991.00 6417.00 -5587.00 Thousand Barrels [+]
Distillate Fuel Production 63.00 63.00 570.00 -699.00 Thousand Barrels [+]
Distillate Stocks -593.00 249.00 11205.00 -13011.00 Thousand Barrels [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Corruption Index 69.00 71.00 78.00 69.00 Points [+]
Corruption Rank 23.00 22.00 24.00 14.00 [+]
Crude Oil Imports -506.00 -797.00 2201.00 -2518.00 Thousand Barrels [+]
Gasoline Production 111.00 438.00 1082.00 -1638.00 Thousand Barrels [+]
Refinery Crude Runs 193.00 240.00 1572.00 -3253.00 Thousand Barrels [+]
Steel Production 4790.00 4968.00 11951.00 3799.00 Thousand Tonnes [+]
Kansas Fed Manufacturing Index 2.00 -25.00 35.00 -62.00 points [+]
Mining Production -14.10 -8.10 108.20 -28.80 percent [+]
Heating Oil Stocks -564.00 164.00 94208.00 -92090.00 Thousand Barrels [+]


United States 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.