Economic Outlook No 118 — Indicator of competitiveness based on relative consumer prices by country
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the...
What the numbers show
Economic Outlook No 118 — Indicator of competitiveness based on relative consumer prices is currently reported for 46 countries. The highest value is 127.55 in Poland; the lowest is 75.86 in Japan.
The median across all reporting countries is 102.86, and the mean is 105.34.
The gap between the highest and lowest reporting country is a factor of about 2.
Over the past decade 27 countries rose and 19 fell. The largest increase was in Czechia (up 31.8%), and the largest decrease in Japan (down 28.0%).
Economic Outlook No 118 — Indicator of competitiveness based on: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Poland | 127.55 | 2027 | up 28.8% | rising |
| 1 | Argentina | 127.55 | 2027 | up 5.6% | falling |
| 2 | Colombia | 126.98 | 2027 | up 6.6% | falling |
| 2 | Estonia | 117.08 | 2027 | up 24.4% | rising |
| 2 | Croatia | 105.47 | 2027 | up 5.8% | flat |
| 3 | Peru | 125 | 2027 | up 9.7% | rising |
| 3 | Lithuania | 110.36 | 2027 | up 18.9% | rising |
| 4 | Mexico | 123.96 | 2027 | up 25.3% | falling |
| 4 | Netherlands | 105.92 | 2027 | up 11.2% | flat |
| 5 | Brazil | 121.6 | 2027 | down 19.5% | falling |
| 5 | Slovenia | 105.5 | 2027 | up 7.4% | flat |
| 6 | Czechia | 119.98 | 2027 | up 31.8% | rising |
| 6 | Latvia | 104.64 | 2027 | up 11.5% | rising |
| 7 | Romania | 116.88 | 2027 | up 23.2% | rising |
| 8 | Costa Rica | 116.35 | 2027 | up 5.1% | rising |
| 9 | Iceland | 115.24 | 2027 | up 1.7% | falling |
| 10 | Hungary | 114.92 | 2027 | up 8.4% | rising |
| 11 | United States | 112.33 | 2027 | up 13.8% | flat |
| 12 | Bulgaria | 109.3 | 2027 | up 21.2% | rising |
| 13 | Thailand | 107.06 | 2027 | up 7.3% | falling |
| 14 | United Kingdom | 106.2 | 2027 | up 11.9% | falling |
| 15 | Austria | 103.46 | 2027 | up 5.9% | rising |
| 16 | Greece | 102.91 | 2027 | up 1.1% | rising |
| 17 | Australia | 102.81 | 2027 | down 1.3% | falling |
| 18 | Ireland | 102.41 | 2027 | down 0.0% | rising |
| 19 | Belgium | 102.19 | 2027 | up 4.5% | flat |
| 20 | Israel | 101.88 | 2027 | up 8.9% | rising |
| 21 | Switzerland | 101.64 | 2027 | up 0.9% | rising |
| 22 | Spain | 101.52 | 2027 | up 3.2% | rising |
| 23 | Germany | 100.88 | 2027 | up 2.7% | falling |
| 24 | Portugal | 100.43 | 2027 | down 1.0% | rising |
| 25 | South Africa | 100.18 | 2027 | down 2.8% | falling |
| 26 | Italy | 99.01 | 2027 | down 1.3% | flat |
| 27 | Indonesia | 98.61 | 2027 | down 6.3% | volatile |
| 28 | Chile | 98.12 | 2027 | down 9.0% | falling |
| 29 | India | 97.21 | 2027 | down 4.2% | falling |
| 30 | Luxembourg | 97.08 | 2027 | down 1.8% | falling |
| 31 | Finland | 96.52 | 2027 | down 1.4% | falling |
| 32 | Denmark | 96.39 | 2027 | down 4.0% | rising |
| 33 | France | 94.75 | 2027 | down 4.7% | falling |
| 34 | Sweden | 94.5 | 2027 | down 8.9% | falling |
| 35 | New Zealand | 93.4 | 2027 | down 6.5% | rising |
| 36 | Canada | 90.46 | 2027 | down 7.3% | falling |
| 37 | Norway | 89.3 | 2027 | down 12.9% | falling |
| 38 | China | 84.06 | 2027 | down 9.2% | rising |
| 39 | Japan | 75.86 | 2027 | down 28.0% | flat |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Slovak Republic 109.65
- Korea 87.08
- Euro area (17 countries) 100.37
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 118 (Edition 2025/2) EO118 Database documentation EO118 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP