How Global Manufacturing Cost Competitiveness Has Shifted Over the Past Decade

bcg.perspectives
Manufacturing cost competitiveness around the world has changed dramatically over the past decade—so dramatically that many old perceptions of low-cost and high-cost nations no longer hold.
The new BCG Global Manufacturing Cost-Competitiveness Index shows how the production costs in the world’s ten largest goods-exporting nations changed from 2004 to 2014 relative to the U.S. The index covers four primary drivers of manufacturing competitiveness: wages, productivity growth, energy costs, and currency exchange rates. The U.S. score of 100 serves as the benchmark.  More