Philippines falls two notches in digital competitiveness ranking
October 1, 2020
The Philippines fell two notches in world digital competitiveness ranking this year, behind its peers in Southeast Asia, according to Institute for Management Development (IMD).
In its IMD World Digital Competitiveness Ranking 2020, the Philippines ranked 57th out of 63 economies in the world, two notches lower compared to its 2019 ranking of 55th.
“The decline reflects the weakening of the talent and training and education sub-factors,” IMD said.
The world’s digital ranking, 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.
The Philippines was behind Indonesia, which ranked 56th; Thailand, 39th and Malaysia, 26th.
The top 10 countries were USA, Singapore, Denmark, Sweden, Hong Kong, Switzerland, Netherlands, Korea, Norway and Finland. DMS
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