Digital_Ranking_Report_2021

Page 2: Factors breakdown & Strengths and Weaknesses

This page shows the country’s performance over time for each of the nine sub-factors composing the three Digital Competitiveness Factors (Knowledge, Technology and Future Readiness) and their 52 criteria rankings for 2021. Factors Breakdown : shows the 5-years evolution of the sub-factors rankings composing the three factors of Knowledge, Technology and Future Readiness. Strengths and Weaknesses : this section highlights the economy’s strongest and weakest criteria included in the World Digital Competitiveness Ranking. The triangles (►) identify the five top criteria in which the economy ranks best (strengths – filled triangle) and the five criteria in which its performance is the worst (weaknesses – empty triangle) compared to the other countries included in the WCY sample. The selection of indicators is determined by the standard deviation values (STD) of the country for that specific criteria. In other words, the criteria selected represent the highest STD values and the lowest STD values among the 52 indicators

composing the World Digital Competitiveness Ranking and can thus be considered the digital competitive advantages and disadvantages of the economy. The full criteria names can be found in the Appendix and the statistical tables are available for subscribers of the IMD World Competitiveness Online . It is important to note that what constitutes a strength or weakness is relative to each economy’s circumstances or development. Also, the ranking position of a country may not necessarily improve or decline as a consequence of its own evolution since it is always relative to the performance of the other economies. Therefore, an improvement may not be reflected by a higher ranking position if other economies have performed better for the criterion in question. The same can be said for any declines in performance – the economy’s ranking position relative to the others may or may not fall, depending on how the other economies have performed.

Factor Rankings - 5 years Overview

Factor Rankings - 5 years overview

FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES THAILAND

OVERALL

Knowledge

2017 2018 2019 2020 2021

2017 2018 2019 2020 2021 56 58 58 50 55 18 15 15 17 19 12 13 10 11 10 22 25 23 21 21

Argentina Australia

57 15 16 22

55 13 15 23

59 14 20 25 57 45 11 42 22 58 51 54 37 24 17 53 43 27 44 56 19 16 41 23 50 35 10 36 30 21 26 49 62 61 55 33 34 31 46 38 39 47 32 48 28 13 40 52 12 60 15 18 29

17 26 18 63 51 55 13 33 15 61 56 47 44 28 11 10 25 43 36 14 52 50 19 31 42 48 38 22 23 34 32 35 54 58 49 62 53 21 27 40 39 30 60 45 59 37 4 6 8 7 24 1 5 59 15 17 25 51 45 12 41 16 61 52 40 35 21 10 24 18 46 47 23 48 56 20 19 42 27 53 36 38 29 28 26 54 62 55 57 32 37 30 49 43 34 50 31 60 33 11 39 44 14 58 13 3 5 8 7 22 9 2 4 6 1 63

61 20 16 26 63 51 52 13 39 15 59 55 43 33 25 11 24 18 44 45 21 46 53 19 17 40 28 49 32 12 37 30 22 27 56 62 57 58 41 34 29 50 42 36 47 35 60 31 23

u Overall top strengths w Overall top weaknesses

Austria Belgium

Botswana

-

-

-

-

-

-

-

-

64

Brazil

55 45

57 43

55 62 59 57 51 41 41 46 47 53

Bulgaria Canada

KNOWLEDGE

9

8

3

3

5

5

7

Chile China

40 31 58 48 53 32

37 30 59 44 54 33

52 47 50 49 49

23 30 18

8

6

Colombia

57 57 57 59 56 50 43 42 41 47 46 55 55 40 39 36 38 37 37 35

Croatia Cyprus

Subfactors

2017 2018 2019 2020 2021 42 42 40 36 39 47 44 50 55 56 43 45 35 37 36

Czech Republic

Talent

Denmark

5

4

4

4

8

8

6

6

8

Estonia Finland France

26

25

28 29 30 23 27

Scientific concentration Training & education

4

7

7

9

9

9 15

9

25 17 50 44 23 51 59 21 13 39 27 56 38 19 35 29 20 24 49 61 14 10 62 46 37 33 28 54 42 36 43 34 47 30 12 41 52 18 60 11

26 18 53 11 46 21 48 62 20 12 41 22 45 38 14 35 29 24 27 51 61 60 56 36 32 28 47 40 42 50 34 49 31 19

Future readiness 44 44 43 43 42 60 59 60 56 57 38 36 35 31 18 45 39 40 38 37 10 10 14 13 13 16 19 17 18 16 19 20 20 20 20 13 14 12 12 14 51 51 53 48 45 48 48 44 44 43 30 28 29 27 33 37 46 38 39 41 58 61 56 63 60 25 22 24 24 23 42 42 41 42 40 29 18 25 22 25 61 56 49 54 48 40 35 32 34 36 14 11 11 10 15 34 34 36 36 34 21 23 26 25 26 27 32 34 35 29 17 17 19 19 22 54 54 52 52 54 59 53 62 58 58 11 12 13 14 11 20 21 21 28 28 15 16 16 16 17 62 60 61 55 59 53 50 51 62 63 32 33 33 30 38 31 27 31 33 32 35 37 45 45 44 47 45 47 53 52 24 24 22 26 24 39 40 39 46 50 43 49 48 51 46 26 26 27 29 30 49 52 54 60 62 33 31 28 32 31 5 7 7 5 2 8 9 12 1 3 2 4 2 4 7 6 4 2 4 3 2 1 6 7 1

Germany

Greece

Hong Kong SAR

7

8

2

Talent

Training & education

Scientific concentration Total expenditure on R&D (%) Total R&D personnel per capita

Hungary

Rank

Rank

Rank

Iceland

Educational assessment PISA - Math 48

20 59

36 40

Employee training

India

Indonesia

25 w

International experience

Total public expenditure on education

Ireland

Israel

49 u

Foreign highly-skilled personnel

22

Higher education achievement

Female researchers

6

Italy

Japan

28 w

Management of cities

Pupil-teacher ratio (tertiary education)

56

R&D productivity by publication Scientific and technical employment

31 58 42 17

Jordan

17 w

Digital/Technological skills

42 37

Graduates in Sciences Women with degrees

Kazakhstan Korea Rep.

Net flow of international students

47

High-tech patent grants

Latvia

Lithuania

Robots in Education and R&D

Luxembourg

Malaysia Mexico Mongolia

Netherlands New Zealand

6

9

6

7

TECHNOLOGY

Norway

6

9

9

Peru

Philippines

Poland

Portugal

Subfactors

2017 2018 2019 2020 2021 38 34 33 31 29 21 28 21 17 19 30 23 29 25 22

Qatar

Romania

Technological framework Regulatory framework Capital

Russia

Saudi Arabia

Singapore

1

2

2

5

Slovak Republic

Slovenia

South Africa

Spain

Sub-factor Rankings Sweden 2 3 3 Switzerland 8 5 5

Regulatory framework

Capital

Technological framework Communications technology Mobile Broadband subscribers

Rank

Rank

Rank

3 6 8

Sub-factor Rankings

Starting a business Enforcing contracts Immigration laws

27 29 20 30 31

IT & media stock market capitalization Funding for technological development

16 26 16 42 26

22 21 24 49 20 12

Taiwan, China

16

Knowledge 39

Technology 38

Thailand Turkey

52 17 58 10

48 10 54 14

Banking and financial services

Wireless broadband

UAE

Ukraine

Development & application of tech.

Country credit rating

Internet users

United Kingdom

USA

3

1

1

1

5

4

1

1

3

Scientific research legislation Intellectual property rights

Venture capital

Internet bandwidth speed High-tech exports (%)

Venezuela

63

63

63

64

63 63 63 61 61

37 u

10 u

Investment in Telecommunications

42

IMD WORLD DI G I TAL COMPET I T I VENESS RANK ING 2021

Talent 62

Training & education 46 48

Scientific concentration 57

Regulatory framework Capital 63 56

Technological framework 50

Adaptive attitudes 43

Business agility 59

IT integration

Argentina Australia

Argentina Australia

8

37

18 15 20 63 21 46

17 32 20 56 59 53 38 27 49 50 54 29 13 33 10 21 23 52 25 35 28 48 37 41 51 16 46 30 31 57 62 43 40 47 44 24 61 58 15 14 42 39 36 34 9 7 45 26 4 8 3 22 6

27 38 37 64 51 42 29 36 28 59 41 52 32 20 14 17 43 50 6

14 21 22 63 40 45 17 24 19 58 39 27 35 48 23 43 62 31 55 57 12 25 36 18 61 32 51 47 38 29 52 37 54 60 28 30 26 42 44 46 11 49 41 59 33 3 2 6 16 8 4 20 7

55 18 38 46 42 61 20 54 47 64 50 32 25 21 33 15 51 62 16 36 26 14 31 19 53 28 48 24 22 27 41 63 30 11 39 37 44 58 17 57 56 35 12 60 40 59 49 13 3 7 9 6 5 8

21 11 26 63 49 53 14 39 32 46 58 33 36 22 20 41 17 42 27 51 60 19 13 38 23 54 44 16 37 34 12 31 52 62 56 57 45 30 28 50 48 24 40 35 55 29 1 25 2 6 18 8 7

Austria Belgium

15 20 53 63 54 36 12 57 61 56 28 29 10 23 21 42 43 35 38 48 18 27 40 47 34 45 26 24 25 33 30 51 60 14 16 59 55 41 22 19 50 44 32 52 37 58 31 9 5 6 4 2

5

Austria Belgium

31 48 58 53 10 51 35 50 42 29 45 19 27 17 55 47 22 43 64 32 60 21 33 14 16 30 15 20 57 39 28 36 11 41 61 44 38 54 59 34 13 49 23 62 40 1 3 9 6 4 8

Botswana

Botswana

Brazil

Brazil

Bulgaria Canada

Bulgaria Canada

FUTURE READINESS

5

Chile China

57

Chile China

1

Colombia

58 34 29 30 17 45 10 12 35 14 42 39 47 44 26 25 13 62 54 51 37 38 32 50 61 16 33 22 60 56 28 27 59 43 24 64 11 40 31 53 23 6 9 3

Colombia

Croatia Cyprus

Croatia Cyprus

Subfactors

2017 2018 2019 2020 2021 51 55 58 53 53 32 34 30 44 34 53 55 51 43 43

Czech Republic

Czech Republic

Adaptive attitudes Business agility

Denmark

Denmark

Estonia Finland France

Estonia Finland France

IT integration

Germany

Germany

Greece

Greece

Hong Kong SAR

1

Hong Kong SAR

Adaptive attitudes

Hungary

21

Hungary

Business agility

IT integration E-Government

Rank

Rank

Rank

Iceland

3

Iceland

India

62 55 34 26 44

India

E-Participation Internet retailing

42

Opportunities and threats World robots distribution

25 11 29

49 22 29 56

Indonesia

Indonesia

46 u

Public-private partnerships

Ireland

Ireland

Israel

Israel

w Tablet possession

58 46 12

Agility of companies

Cyber security Software piracy

Italy

Italy

Japan

8

Japan

29 w

Smartphone possession

Use of big data and analytics Knowledge transfer Entrepreneurial fear of failure

Jordan

53 47

Jordan

Kazakhstan Korea Rep.

Kazakhstan Korea Rep.

u Attitudes toward globalization

24 54

7

Latvia

18 30 25 15 54 60 10 23 12 58 49 31 46 16 40 45 35 39 33 61 24 13 11 2

Latvia

Lithuania

Lithuania

Luxembourg

Luxembourg

Malaysia Mexico Mongolia

Malaysia Mexico Mongolia

Netherlands New Zealand

Netherlands New Zealand

Norway

Norway

Peru

Peru

Philippines

Philippines

Poland

Poland

Portugal

Portugal

Qatar

Qatar

Romania

Romania

Russia

Russia

Saudi Arabia

Saudi Arabia

Singapore

Singapore

Slovak Republic

Slovak Republic

Slovenia

Slovenia

South Africa

South Africa

Spain

Spain

Sweden

7 3

2 7

4 8

3 9

5

5

5 4

Sweden

Switzerland

12

10

4

Switzerland

17

IMD WORLD DI G I TAL COMPET I T I VENESS RANK ING 2021 Taiwan, China 17 12 19 16 2 4 Thailand 39 56 36 29 19 22 13 2 15 Taiwan, China 53 34 43 Thailand

34 15 56

29 10 45 23

47 10 61

Turkey

Turkey

49

63 25 18 26 24 52

41 52 55

41

60 11 55 18

48

UAE

1

2

5

UAE

Ukraine

46

46 20 12 64

57 19

Ukraine

United Kingdom 11

7 2

9 1

9 3

United Kingdom

USA

13 64

1

9

1

USA

Venezuela

49

64

63

64

52

64

Venezuela

44

IMD WORLD DI G I TAL COMPET I T I VENESS RANK ING 2021

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