IMD World Digital Competitiveness Ranking 2020

FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES LATVIA

u Overall top strengths w Overall top weaknesses

KNOWLEDGE

Subfactors

2016 2017 2018 2019 2020 28 29 28 32 27 12 20 28 27 27 48 47 46 47 49

Talent

Scientific concentration Training & education

Talent

Training & education

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

Rank

Rank

Rank

Educational assessment PISA - Math 23

Employee training

39 12

46 37

29 u

International experience

Total public expenditure on education

32 u 18 w

Higher education achievement

Female researchers

Foreign highly-skilled personnel

40 32 26 32

4

Management of cities

Pupil-teacher ratio (tertiary education)

R&D productivity by publication Scientific and technical employment

53 39 34 49

Digital/Technological skills

Graduates in Sciences Women with degrees

46 25

High-tech patent grants

Net flow of international students

Robots in Education and R&D

TECHNOLOGY

Subfactors

2016 2017 2018 2019 2020 35 34 31 30 37 45 31 36 35 50 23 24 26 14 13

Technological framework Regulatory framework Capital

Regulatory framework

Capital

Technological framework Communications technology Mobile Broadband subscribers

Rank

Rank

Rank

IT & media stock market capitalization Funding for technological development

Starting a business

15 14 61 35 44

-

25 20 13 14 18 20

u Enforcing contracts w Immigration laws

40

52 u 36 u

Banking and financial services

Wireless broadband

Country credit rating

Internet users

Development & application of tech.

Scientific research legislation Intellectual property rights

Venture capital

39 54

Internet bandwidth speed High-tech exports (%)

39 w

Investment in Telecommunications

FUTURE READINESS

Subfactors

2016 2017 2018 2019 2020 38 46 52 52 51 46 41 41 47 45 38 36 37 44 37

Adaptive attitudes Business agility

IT integration

Adaptive attitudes

Business agility

IT integration E-Government

Rank

Rank

Rank

w E-Participation

59

Opportunities and threats World robots distribution

39 58 42 30 41 41

43 49 14 40

34 w

Internet retailing Tablet possession

Public-private partnerships

28 49 45

Agility of companies

Cyber security Software piracy

Smartphone possession

Use of big data and analytics

Attitudes toward globalization

Knowledge transfer

Entrepreneurial fear of failure

109

IMD WORLD DIGITAL COMPETITIVENESS RANKING 2020