The United States is the 2 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 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 June of 2021.

Competitiveness Rank in the United States is expected to reach 1.00 by the end of 2021, 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 2022, 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
Services PMI 70.40 64.70 70.40 26.70 points [+]
Business Confidence 61.20 60.70 77.50 29.40 points [+]
Manufacturing PMI 62.10 60.50 62.10 36.10 points [+]
Non Manufacturing PMI 64.00 62.70 64.00 37.80 points [+]
Composite PMI 68.70 63.50 68.70 27.00 points [+]
Industrial Production 16.30 17.60 62.00 -33.70 percent [+]
Industrial Production Mom 0.80 0.10 16.60 -13.60 percent [+]
Manufacturing Production 18.30 22.70 67.90 -39.40 percent [+]
Capacity Utilization 75.20 74.60 89.40 63.40 percent [+]
Durable Goods Orders -1.30 1.30 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense 0.00 2.20 25.50 -19.70 percent [+]
Durable Goods Orders Ex Transportation 1.00 3.20 7.50 -7.40 percent [+]
Factory Orders Ex Transportation 0.50 2.30 6.10 -8.70 percent [+]
New Orders 485156.00 512857.00 551446.00 223500.00 USD Million [+]
Factory Orders -0.60 1.40 12.20 -13.00 percent [+]
Business Inventories -0.20 0.20 1.30 -2.20 percent [+]
Changes in Inventories -92.88 62.07 177.30 -287.03 USD Billion [+]
Wholesale Inventories 0.80 1.20 2.10 -1.90 percent [+]
Bankruptcies 19911.00 21655.00 82446.00 19695.00 Companies [+]
Corporate Profits 1936.00 1951.40 2018.50 14.67 USD Billion [+]
NFIB Business Optimism Index 99.60 99.80 108.80 80.10 points [+]
NY Empire State Manufacturing Index 17.40 24.30 39.00 -78.20 points [+]
Philadelphia Fed Manufacturing Index 30.70 31.50 58.50 -57.90 points [+]
Chicago Fed National Activity Index 0.29 -0.09 5.88 -17.71 [+]
Dallas Fed Manufacturing Index 34.90 37.30 48.00 -72.20 points [+]
Richmond Fed Manufacturing Index 22.00 18.00 29.00 -53.00 points [+]
Chicago PMI 75.20 72.10 81.00 20.70 points [+]
Total Vehicle Sales 17.00 18.50 21.77 8.60 Million [+]
Car Production 1.58 1.64 9.92 0.01 Million Units [+]
Car Registrations 386.98 412.61 1149.00 182.77 Thousand [+]
Crude Oil Stocks Change -7.36 -5.24 21.56 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 16.00 98.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 1954.00 7046.00 11456.00 -13624.00 Thousand Barrels [+]
Leading Economic Index 126.27 126.42 130.65 45.47 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 373.00 365.00 1609.00 98.00 [+]
API Crude Oil Stock Change -7.20 -8.54 14.30 -12.40 BBL/1Million [+]
Steel Production 6900.00 7100.00 11951.00 3799.00 Thousand Tonnes [+]
API Crude Runs -0.03 0.42 1.45 -2.23 BBL/1Million [+]
API Cushing Number -2.55 -1.53 6.80 -5.04 BBL/1Million [+]
API Distillate Stocks 0.99 1.96 10.24 -9.05 BBL/1Million [+]
API Gasoline Stocks 0.96 2.85 9.45 -9.93 BBL/1Million [+]
API Heating Oil 0.47 -0.28 1.90 -1.62 BBL/1Million [+]
API Product Imports 0.46 -0.22 1.01 -0.72 BBL/1Million [+]
API Crude Imports -0.04 0.34 1.99 -1.47 BBL/1Million [+]
Cushing Crude Oil Stocks -2150.00 165.00 6417.00 -5587.00 Thousand Barrels [+]
Corruption Index 67.00 69.00 78.00 67.00 Points [+]
Corruption Rank 25.00 23.00 25.00 14.00 [+]
Crude Oil Imports -845.00 620.00 2702.00 -2746.00 Thousand Barrels [+]
Competitiveness Index 83.67 85.64 85.64 5.42 Points [+]
Competitiveness Rank 2.00 1.00 7.00 1.00 [+]
Distillate Fuel Production 138.00 111.00 806.00 -953.00 Thousand Barrels [+]
Distillate Stocks -1023.00 4412.00 11205.00 -13011.00 Thousand Barrels [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Gasoline Production 495.00 -135.00 1373.00 -1638.00 Thousand Barrels [+]
Refinery Crude Runs 412.00 328.00 2407.00 -3253.00 Thousand Barrels [+]
Lmi Inventory Costs 83.80 84.60 84.60 59.50 points [+]
Lmi Logistics Managers Index Current 71.30 74.50 74.50 51.31 points [+]
Lmi Logistics Managers Index Future 73.00 72.70 73.00 57.50 points [+]
Lmi Transportation Prices 91.20 92.60 95.81 37.66 points [+]
Lmi Warehouse Prices 83.10 83.50 83.50 58.97 points [+]
Mining Production 16.50 2.10 108.20 -28.80 percent [+]
Kansas Fed Manufacturing Index 32.00 40.00 40.00 -62.00 points [+]
Grain Stocks Corn 7.70 11.32 12.52 1.73 Billion Bushels [+]
Grain Stocks Soy 1.56 2.93 3.74 0.09 Billion Bushels [+]
Grain Stocks Wheat 1.31 1.67 2.53 0.72 Billion Bushels [+]
Heating Oil Stocks -518.00 571.00 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.