Published: 28th Sep, 2019
About
- 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.
- India has jumped four places from 48th place in 2018 to 44th rank in 2019 in World Digital Competitiveness Ranking (WDCR)
- 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.
- The US was ranked as the world's most digitally competitive economy, followed by Singapore in second place.
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