It is telling you the ranking of your instructable in the contest it is entered in. Take a look at the total number of instructables in that contest, and it will tell you how you are doing compared to the other entries.
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what if it is 0?
So is lower better? Or is higher?
The smaller the number, the better you are ranked. So for example, if your ranking is 10, and there are 100 instructables in the contest, that means that you are in the top 10%.
Ok. I think I got it now! Thanks =)