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Important Facts For Prelims

World Digital Competitiveness Ranking

  • 27 Sep 2019
  • 1 min read

India has jumped four places from 48th place in 2018 to 44th rank in 2019 in World Digital Competitiveness Ranking (WDCR).

  • The country has improved overall in all factors -- knowledge, technology and future-readiness -- as compared to the previous year's ranking.
  • The biggest improvement is in the technology sub-factor level, holding the first position in telecommunications investment.
  • Top Countries: The US was ranked as the world's most digitally competitive economy, followed by Singapore in second place.
  • Largest Jump: The largest jump in the overall ranking was registered by China, moving from 30th to 22nd, and Indonesia, from 62nd to 56th.

World Digital Competitiveness Ranking

  • The Ranking, produced by the International Institute for Management Development (IMD) World Competitiveness Center, measures the capacity and readiness of 63 nations to adopt and explore digital technologies as a key driver for economic transformation in business, government and wider society.
  • To evaluate an economy, WDCR examines three factors:
    • Knowledge: the capacity to understand and learn the new technologies;
    • Technology: the competence to develop new digital innovations;
    • Future readiness: the preparedness for the coming developments.

Source: BS

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