Purchasing Managers Index Composite (PMI)

Global Ranking

index from 0 to 100Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	India	61	9-2023	1	60.9
2	Russia	54.7	9-2023	2	55.9
3	Singapore	54.2	9-2023	3	53.6
4 ↑	Uganda	52.9	9-2023	9	51.6
5 ↑	Kazakhstan	52.6	9-2023	12	50.5
6 ↓	Ireland	52.1	9-2023	4	52.6
7 ↑	Nigeria	51.1	9-2023	14	50.2
8 ↑	United States	51	10-2023	16	50.1
9 ↓	China	50.9	9-2023	8	51.7
10 ↓	Ghana	50.5	9-2023	6	51.9
11 ↑	Mozambique	50.2	9-2023	13	50.4
12 ↑	Spain	50.1	9-2023	19	48.6
13 ↓	South Africa	49.9	9-2023	10	51
13 ↓	Japan	49.9	10-2023	7	51.8
15 ↑	Hong Kong	49.6	9-2023	17	49.8
16 ↑	Italy	49.2	9-2023	20	48.2
17 ↓	Brazil	49	9-2023	11	50.6
18 ↑	New Zealand	48.8	9-2023	22	46.8
19 ↑	United Kingdom	48.6	10-2023	22	46.8
20 ↓	Zambia	48.1	9-2023	18	49.2
20 ↓	Philippines	48.1	7-2023	4	52.6
22 ↓	Australia	47.3	10-2023	14	50.2
23 ↑	Germany	45.8	10-2023	24	46.2
24 ↓	Sweden	45.4	9-2023	21	48.1
25	France	45.3	10-2023	25	43.5

Definition of Purchasing Managers Index Composite (PMI)

The composite Purchasing Managers' Index (PMI) is an indicator of economic health for manufacturing and service sectors. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the manufacturing or service sector is based on questionnaire responses from panels of senior purchasing executives (or similar) at over 400 companies. The composite PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.