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Friday, December 4, 2015

Nigeria Among Top 40 countries in 2016 Global Manufacturing Competitiveness Index

Nigeria is ranked among the top 40 countries in the upcoming 2016 Global Manufacturing Competitiveness Index report from Deloitte Touche Tohmatsu Limited's (Deloitte Global) Global Consumer & Industrial Products Industry group and the US Council on Competitiveness (Council).

Current competitiveness

Competitiveness in five years



Rank
Country
2013 rank

Rank
Country
1
China
1

1
United States
2
United States
3

2
China
3
Germany
2

3
Germany
4
Japan
10

4
Japan
5
South Korea
5

5
India
6
United Kingdom
15

6
South Korea
7
Taiwan
6

7
Mexico
8
Mexico
12

8
United Kingdom
9
Canada
7

9
Taiwan
10
Singapore
9

10
Canada
11
India
4

11
Singapore
12
Switzerland
22

12
Vietnam
13
Sweden
21

13
Malaysia
14
Thailand
11

14
Thailand
15
Poland
14

15
Indonesia
16
Turkey
20

16
Poland
17
Malaysia
13

17
Turkey
18
Vietnam
18

18
Sweden
19
Indonesia
17

19
Switzerland
20
Netherlands
23

20
Czech Republic
21
Australia
16

21
Netherlands
22
France
25

22
Australia
23
Czech Republic
19

23
Brazil
24
Finland
-

24
Finland
25
Spain
33

25
South Africa
26
Belgium
27

26
France
27
South Africa
24

27
Spain
28
Italy
32

28
Romania
29
Brazil
8

29
Belgium
30
United Arab Emirates
30

30
Italy
31
Ireland
37

31
Ireland
32
Russia
28

32
Russia
33
Romania
29

33
United Arab Emirates
34
Saudi Arabia
34

34
Colombia
35
Portugal
35

35
Portugal
36
Colombia
31

36
Saudi Arabia
37
Egypt
36

37
Egypt
38
Nigeria
-

38
Nigeria
39
Argentina
26

39
Argentina
40
Greece
38

40
Greece

In addition to the country ranking, the report preview identified the top drivers of manufacturing competitiveness. Talent was the leading driver, with access to skilled workers widely seen by executives surveyed as the most important factor, followed closely by the cost of wages and materials. Productivity of the workforce rounded out the top three. The availability of a quality local supplier base was a distant fourth. Read more.

OTHER REPORTS 
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