The table below tracks the change in business costs over the last two years. All countries except
the US have seen strong improvements in their business cost index, which is expressed in US dollar terms.
Australia, Italy and Germany have experienced the greatest gains.
|Business cost index1
1 Cost index is in percentage terms, with US=100.0.
2 Decrease in cost index represents a gain in competitiveness (decrease in relative business costs) since 2014.