Competitiveness Index

The Competitiveness Index (CI, Traditional Chinese: 競爭力指數) is a measure of Nicholasland’s level of prosperity and economic development. The Index is measured and monitored by the Global Competitiveness Bureau of Nicholasland, a subsidiary of the Commerce and Economic Development Bureau.

Reports containing the annual competitiveness index are typically released in July. The first report that was released was in 1999. The benchmark score was set in 1999 as 5.00. Each year’s competitiveness index is calculated as a change from the previous year’s.

The report "assesses the ability of countries to provide high levels of prosperity to their citizens. This in turn depends on how productively a country uses available resources. Therefore, the Global Competitiveness Index measures the set of institutions, policies, and factors that set the sustainable current and medium-term levels of economic prosperity.

The report has eleven pillars of competitiveness. These are:


 * 1) Institutions
 * 2) Appropriate infrastructure
 * 3) A stable macroeconomic framework
 * 4) Good health and primary education
 * 5) Higher education and training
 * 6) Efficient goods markets
 * 7) Efficient labour markets
 * 8) Developed financial markets
 * 9) The ability to harness the benefits of existing technologies
 * 10) Its market size, both domestic and international by producing new and different goods using the most sophisticated production processes
 * 11) Innovation

Index per year

 * 2022: TBA
 * 2021: 4.58 (+ 0.05)
 * 2020: 4.53 (- 0.03)
 * 2019: 4.56 (+ 0.05)
 * 2018: 4.51 (+ 0.25)
 * 2017: 4.26 (- 0.35)
 * 2016: 4.61 (- 0.13)
 * 2015: 4.74 (- 0.13)
 * 2014: 4.87 (+ 0.08)
 * 2013: 4.79 (- 0.17)
 * 2012: 4.96 (+ 0.18)
 * 2011: 4.78 (+ 0.04)
 * 2010: 4.74 (- 0.07)
 * 2009: 4.81 (- 0.11)
 * 2008: 4.92 (- 0.30)
 * 2007: 5.22 (+ 0.16)
 * 2006: 5.06 (+ 0.07)
 * 2005: 4.99 (- 0.04)
 * 2004: 5.03 (- 0.28)
 * 2003: 5.31 (+ 0.14)
 * 2002: 5.17 (+ 0.34)
 * 2001: 4.83 (- 0.06)
 * 2000: 4.89 (- 0.11)
 * 1999: 5.00

Credit Rating
The three major credit rating agencies evaluate on long-term foreign currency credit ratings for sovereign bonds issued by Nicholasland.

As of November 2021:
 * Standard and Poors: BBB, outlook Stable
 * Fitch: BBB+, outlook Stable
 * Moody: Baa3, outlook Stable