WASHINGTON, DC – China leads the world in terms of manufacturing output, with over $2 trillion in goods produced, which accounts for 20% of global manufacturing, says the Brookings Institution. This is followed by the US ($1.9 trillion, 18% of global manufacturing), Japan ($1 trillion), Germany ($700 billion), and South Korea ($372 billion).
In a new report, the Brookings Institution developed a global manufacturing scorecard that looks at five dimensions of the manufacturing environment: 1) overall policies and regulations; 2) tax policy; 3) energy, transportation, and health costs; 4) workforce quality; and 5) infrastructure and innovation.
The top ranked nations in overall manufacturing environment were the UK and Switzerland (both with 78 points out of 100), followed by the US (77 points), Japan (74 points), and Canada (74 points).
At the low end were nations such as Brazil (51 points), Indonesia (53 points), Mexico (56 points), Russia (56 points), and India (57 points).
Poland is the leading country in terms of the percentage of its population employed in manufacturing, with 20.2%. This is followed by Germany (19%), Italy (18.5%), Turkey (18.1%), South Korea (16.9%), China (16.9%), and Japan (16.9%). About 10.5% of the American workforce is employed in manufacturing.
To view the full report, visit https://www.brookings.edu/research/global-manufacturing-scorecard-how-the-us-compares-to-18-other-nations/.
Register now for PCB WEST, the leading trade show for the printed circuit design and electronics manufacturing industry! Coming Sept. 11-13 to the Santa Clara Convention Center.