IMD World Competitiveness Ranking 2023

User Guide for the IMDWorld Digital Competitiveness Ranking

Overall and Breakdown: Digital Rankings

The IMD World Digital Competitiveness Ranking

The IMDWorld Digital Competitiveness Ranking presents the 2023 overall rankings for the 64 economies covered by the WCY. The rankings are calculated on the basis of the 54 ranked criteria: 34 hard and 20 survey data. The countries are ranked from the most to the least digital competitive. The final column shows the improvement or decline from the previous year. The index value or “score” is also indicated for each country.

2023 COMPETITIVENESS RANKING

Score

100.00 k 1 98.10 k 4 97.40 k 1 96.93 l 3 94.80 k 2 94.12 l 4 94.05 l 1 88.86 k 1 87.70 k 2 85.96 l 2 85.95 k 8 85.28 l 2 84.94 k 4 84.77 k 2 84.41 l 2 83.12 l 4 81.48 k 3 81.10 l 4 80.86 l 4 94 80 93.73 91.98 85.28 84.41 83.12 80.86 78.65 76.99 76 62 75.43 75.31 70.53 66.53 Score 100.00 96.24 -

01

USA

02

Netherlands

03

Singapore

04

Denmark

05

Switzerland

06

Korea Rep.

07

Sweden

Selected breakdowns of the IMD World Digital Competitiveness Ranking

08

Finland

In addition to global digital rankings, other rankings are provided to show comparisons based on different perspectives. These digital rankings include countries split by population size (populations above and below 20 million), by GDP per capita to reflect different peer groups (above and below $20,000) and three regional rankings drawn from different geographical areas (Europe-Middle East-Africa, Asia-Pacific and the Americas). 09 Taiwan, China 93.73 k 2 10 Hong Kong SAR 93.64 l 1 11 Canada 91.98 l 1 UAE

12

13

Israel

Population over 20 million

14

Norway

15 01 02 03 04 05 06 07 08 09 10 16 17 18 19 20 21 1 12 13 14 15 23 28 23 24 29 5 26 27 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22

Belgium

USA

Australia Korea Rep.

Taiwan, China

Iceland Can da Australia Estonia China

China United Kingdom Germany United Kingdom France

Saudi Arabia

Ireland Spain

Japan

Digital Competitiveness Factor Rankings 22 Austria Malaysia

Germany Thailand Poland

The global rankings for each of the Digital Competitiveness Factors are then shown as individual ranking tables. Again, the economies are ranked from the most to the least digital competitive and the previous year’s rankings (2022) are shown in brackets. Similar to the Overall Digital Ranking, the values or “scores” are indicated for each Factor. However, there is only one economy that has a score of 100 and one economy with a score of 0 across all four Factors. 24 Czech R public 79.42 k 9 25 New Zealand 79.08 k 2 26 Luxembourg 78.73 k 4 27 France 78.65 l 5 16 Italy 64.39 17 Indonesia 60.36 18 India 57 74 19 Turkey 54.27 20 Mexico 51.26 21 Peru 50.17 22 Brazil 49.70

77.23 l 3 77.01 l 3 76.99 k 5 48.61 48.31 46.33 45.09 22 55

Lithuania South Africa Philippines Qatar Argentina Colombia Venezuela Saudi Arabia

30 KNOWLEDGE Know-how necessary to discover, understand and build new technologies

Score

-

92.90

Switzerland

2 2 1 3 1 1 2 3 6 2 9 1 3 1 3 2 3 1 4 2 -

92.56 k 92.11 k 91.89 l 90.55 l 89.81 k 88.96 k 86.58 k 86.19 l 83.99 k 83.91 l 81.93 k 81.17 l 80.74 l 80.72 l 80.08 l 80.02 l 77.61 k 77.30 l 75.59 l 75.48 l 78.35

USA

Singapore

Canada Sweden

Hong Kong SAR

Netherlands

Israel

Denmark Korea Rep.

Finland Belgium

United Kingdom

Germany Australia

Austria

UAE

Taiwan, China

14

Ireland Norway

China

France