Global manufacturing competitiveness index
Country rankings and drivers
The 2016 Global manufacturing competitiveness index reveals country rankings and competitiveness drivers through a survey of more than 500 of the world’s leading manufacturing CEOs and senior executives.
Manufacturing’s ongoing influence in driving global economies
With the release of the 2016 Global manufacturing competitiveness index (GMCI), Deloitte Touche Tohmatsu Limited (Deloitte Global) and the Council on Competitiveness (the Council) in the United States build upon the GMCI research, with prior studies published in 2010 and 2013. The results of the 2016 study clearly show the ongoing influence manufacturing has on driving global economies.
Study highlights include:
- Country rankings and shifting dynamics among global manufacturing nations
- Top drivers of global manufacturing competitiveness
- Impact of public policy
- Role of advanced manufacturing technologies in transforming the industry’s future
- The link between competitiveness drivers and country performance
- The rise of MITI-V (The “Mighty Five”)
The GCMI study reaffirms the rapidly evolving manufacturing landscape that has dominated world order for the past 25 years. And now, with the full convergence between the digital and physical manufacturing worlds underway, we appear to be heading into a fourth industrial revolution.
2016 GMCI rankings by country
For this year’s study, CEO 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.
Global CEO survey: 2016 Global manufacturing competitiveness index rankings by country
Top drivers of manufacturing competitiveness
This year’s study also examined various global forces shaping the manufacturing competitiveness of nations. From talent to health care systems, the study examines 12 such drivers. Among these 12 drivers, 4 came out on top as the major determinants of global manufacturing competitiveness:
2. Cost competitiveness
3. Workforce productivity
4. Supplier network
While all the 12 factors might not be mutually exclusive to each other, they nevertheless reinforce each other and greater investments in one area leads to realization of indirect benefits in the other. Read the report to learn what CEOs ranked as drivers of global manufacturing competitiveness.