Economic Outlook No 118 — Indicator of competitiveness based on in Australia
Australia: Economic Outlook No 118 — Indicator of competitiveness based on was 102.81 in 2027. ▼ Falling
Economic Outlook No 118 — Indicator of competitiveness based on in Australia, 1970–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
Australia recorded 102.81 for economic outlook no 118 — indicator of competitiveness based on in 2027.
The figure is up 0.8% on the previous year and down 1.3% over ten years.
Over the whole period, economic outlook no 118 — indicator of competitiveness based on in Australia peaked at 129.97 in 1974 and was at its lowest, 74.09, in 2001.
Australia ranks 17th of 39 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 58 years of available data.
Economic Outlook No 118 — Indicator of competitiveness based on in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 109.73 | — |
| 1971 | 109.92 | +0.2% |
| 1972 | 110.81 | +0.8% |
| 1973 | 125.04 | +12.8% |
| 1974 | 129.97 | +3.9% |
| 1975 | 122.51 | -5.7% |
| 1976 | 125.88 | +2.7% |
| 1977 | 114.85 | -8.8% |
| 1978 | 108.85 | -5.2% |
| 1979 | 104.97 | -3.6% |
| 1980 | 105.29 | +0.3% |
| 1981 | 114.06 | +8.3% |
| 1982 | 114.56 | +0.4% |
| 1983 | 111.81 | -2.4% |
| 1984 | 114.02 | +2.0% |
| 1985 | 96.05 | -15.8% |
| 1986 | 83.47 | -13.1% |
| 1987 | 83.53 | +0.1% |
| 1988 | 92.14 | +10.3% |
| 1989 | 99.18 | +7.6% |
| 1990 | 97.7 | -1.5% |
| 1991 | 95.55 | -2.2% |
| 1992 | 86.27 | -9.7% |
| 1993 | 79.53 | -7.8% |
| 1994 | 83.05 | +4.4% |
| 1995 | 81.29 | -2.1% |
| 1996 | 88.93 | +9.4% |
| 1997 | 87.95 | -1.1% |
| 1998 | 80.4 | -8.6% |
| 1999 | 80.73 | +0.4% |
| 2000 | 77.08 | -4.5% |
| 2001 | 74.09 | -3.9% |
| 2002 | 78.02 | +5.3% |
| 2003 | 88.03 | +12.8% |
| 2004 | 95.35 | +8.3% |
| 2005 | 98.19 | +3.0% |
| 2006 | 97.52 | -0.7% |
| 2007 | 103.2 | +5.8% |
| 2008 | 100.76 | -2.4% |
| 2009 | 97.98 | -2.8% |
| 2010 | 111.43 | +13.7% |
| 2011 | 118.99 | +6.8% |
| 2012 | 120.5 | +1.3% |
| 2013 | 114.38 | -5.1% |
| 2014 | 109.22 | -4.5% |
| 2015 | 99.94 | -8.5% |
| 2016 | 100.95 | +1.0% |
| 2017 | 104.15 | +3.2% |
| 2018 | 99.85 | -4.1% |
| 2019 | 95.28 | -4.6% |
| 2020 | 94.24 | -1.1% |
| 2021 | 100 | +6.1% |
| 2022 | 100.31 | +0.3% |
| 2023 | 100.26 | -0.0% |
| 2024 | 102.43 | +2.2% |
| 2025 | 100.14 | -2.2% |
| 2026 | 101.96 | +1.8% |
| 2027 | 102.81 | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 116.25 | 104.97 | 129.97 | 10 |
| 1980s | 101.41 | 83.47 | 114.56 | 10 |
| 1990s | 86.14 | 79.53 | 97.7 | 10 |
| 2000s | 91.02 | 74.09 | 103.2 | 10 |
| 2010s | 107.47 | 95.28 | 120.5 | 10 |
| 2020s | 100.27 | 94.24 | 102.81 | 8 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Manufacturing, value added (current US$), per unit of GDP 0.0532 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 3,463 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0822 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 5,351 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.046 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 2,994 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 5,104 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -4.23 % change on previous year (2025)
Frequently asked questions
- What is economic outlook no 118 — indicator of competitiveness based on in Australia?
- Economic outlook no 118 — indicator of competitiveness based on in Australia was 102.81 in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — indicator of competitiveness based on recorded in Australia?
- The highest recorded value was 129.97 in 1974.
- What is the lowest economic outlook no 118 — indicator of competitiveness based on recorded in Australia?
- The lowest recorded value was 74.09 in 2001.
- How does Australia rank for economic outlook no 118 — indicator of competitiveness based on?
- Australia ranks 17th out of 39 countries with data for 2027.
- Is economic outlook no 118 — indicator of competitiveness based on rising or falling in Australia?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 118 — Indicator of competitiveness based on relative consumer prices. Statizoid updates them automatically from the source API.
Download this data
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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