IMD World Digital Competitiveness Ranking 2020

FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES ICELAND

u Overall top strengths w Overall top weaknesses

KNOWLEDGE

Subfactors

2016 2017 2018 2019 2020 41 38 37 34 33 10 7 18 18 15 37 37 35 39 46

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 25

Employee training

27

17

43 u

2 u

International experience

Total public expenditure on education

5

Higher education achievement

Female researchers

Foreign highly-skilled personnel

41 29

24

14 63 14 56 54

- w

Management of cities

Pupil-teacher ratio (tertiary education)

R&D productivity by publication Scientific and technical employment

u Digital/Technological skills

1

Graduates in Sciences Women with degrees

49

w Net flow of international students

9 w

High-tech patent grants

59

w

Robots in Education and R&D

TECHNOLOGY

Subfactors

2016 2017 2018 2019 2020 22 22 18 15 15 43 43 40 39 35 10 11 12 15 16

Technological framework Regulatory framework Capital

Regulatory framework

Capital

Technological framework Communications technology Mobile Broadband subscribers

Rank

Rank

Rank

- u

IT & media stock market capitalization Funding for technological development

Starting a business Enforcing contracts Immigration laws

34 26 10 15 23 18

4

26 33 33 45 31

25 11 10 45 10

Banking and financial services

Wireless broadband

Country credit rating

Internet users

Development & application of tech.

Scientific research legislation Intellectual property rights

Venture capital

Internet bandwidth speed High-tech exports (%)

Investment in Telecommunications

FUTURE READINESS

Subfactors

2016 2017 2018 2019 2020 25 16 18 28 25 5 10 11 24 19 27 28 28 28 27

Adaptive attitudes Business agility

IT integration

Adaptive attitudes

Business agility

IT integration E-Government

Rank

Rank

Rank

42 u 26 w

E-Participation Internet retailing Tablet possession

Opportunities and threats World robots distribution

5

12 38 23 34

55 10 19 20 -

Public-private partnerships

-

Agility of companies

Cyber security Software piracy

Smartphone possession

14 13

Use of big data and analytics

Attitudes toward globalization

Knowledge transfer

Entrepreneurial fear of failure

89

IMD WORLD DIGITAL COMPETITIVENESS RANKING 2020