This chart shows Global Manufacturing Competitiveness Index - 2016.
The results of the 2016 clearly show the ongoing influence manufacturing has on driving global economies. From its influence on infrastructure development, job creation, and contribution to gross domestic product on both an overall and per capita basis, a strong manufacturing sector creates a clear path toward economic prosperity.
Manufacturing related activities among global nations are rapidly evolving. Manufacturing earnings and exports are stimulating economic prosperity causing nations to increase their focus on developing advanced manufacturing capabilities by investing in high-tech infrastructure and education. Nations and companies are striving to advance to the next technology frontier and raise their economic well-being. And as the digital and physical worlds of manufacturing converge, advanced technologies have become even more essential to company- and country-level-competitiveness.
In fact, technology-intensive sectors dominate the global manufacturing landscape in most advanced economies and appear to offer a strong path to achieve or sustain manufacturing competitiveness.
In the 2016 GMCI, survey respondents were asked to rank nations in terms of current and future manufacturing competitiveness. Top performing nations have each demonstrated strengths across multiple drivers of manufacturing excellence. They also clearly illustrate the close tie that exists between manufacturing competitiveness and innovation.
8 years ago