The IMD World Digital Competitiveness Ranking 2020 results
Now in its fourth year, the IMD World Digital Competitiveness Ranking measures the capacity and readiness of 63 economies to adopt and explore digital technologies as a key driver for economic transformation in business, government and wider society.
The United States and Singapore have come in first and second, respectively, in the 2020 IMD World Digital Competitiveness Ranking, an analysis of how economies employ digital technologies, which could help predict their ability to weather the pandemic.
The ranking from the IMD World Competitiveness Center (WCC) positioned Denmark in third place and Sweden in fourth.
“The flexibility and adaptability of both individuals and the private sector may also be a large part of the puzzle for countries trying to rebuild their economies from COVID’s battering,” added Christos Cabolis, Chief Economist of the IMD World Competitiveness Center.
This year’s results show few changes in the top ten from last year. However, three clear trends in 2020’s results run through all economies that made the higher echelons. One is an efficient use of digital talent, a reflection of having the technological infrastructure in place and using the technology available.