The 2018 Competitive Industrial Performance (CIP) Report assesses and benchmarks industrial competitiveness across economies, providing valuable information on the strengths and of weaknesses in national manufacturing sectors. This information is crucial to policymakers, as competitive industries drive the process of structural change, which development depends on. By promoting competitiveness, it is possible to maximize economic efficiency in the allocation of scarce resources while generating greater prosperity for the population.
The report is based on the analysis of eight indicators of industrial performance which are used to construct a composite index, widely known as the CIP Index. Countries are ranked by the index score indicating their relative position in global manufacturing. The CIP Report also presents the ranking of countries according to each of the eight indicators as well as by country groups and regions. It also includes a new dimension to the index reflecting the effect of industrial production on the environment. Countries with higher rates of CO2 emissions drop down in position in an adjusted CIP Index.