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PH places 46th in new Digital Competitiveness Ranking

 
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The Philippines placed 46th out 63 countries in the first edition of the International Institute of Management Development's (IMD) Digital Competitiveness Ranking. Published alongside IMD's latest World Competitiveness Yearbook (WCY), this report blends previous WCY indicators on technology and scientific infrastructure with new criteria to assess countries’ ability to adopt transformative digital technology in government, business, and social contexts across three main factors: Knowledge, Technology, and Future Readiness.

From data in previous editions of the WCY, computed rankings for previous years show that the Philippines' 46th-place ranking shows no change from 2016, and a slow decline from 2013, when the country placed 39th. The Philippines placed 43rd and 45th in 2014 and 2015. In Asia-Pacific, the country ranked 11th out of 14 economies in 2017.

In the Knowledge factor, covering Talent, Training and Education, and Scientific Concentration, the Philippines ranked 53rd, dropping from 50th in 2016 and slipping 14 places from its ranking in 2013. The country performed best in the Talent sub-factor, placing 39th, while placing 54th and 53rd in Training and Scientific Concentration, respectively.

In terms of Technology, the Philippines ranked 51st, down one place from 2016 and 2015. The country ranked 38th in 2013. Its best sub-factor was capital, placing 29th, while the country finished near the bottom of the rankings in Regulatory Framework (62nd). The country ranked 50th in Technological Framework.

The final factor, Future Readiness, saw the Philippines manage 43rd in 2017, down from 40th in the previous two years and 39th in 2013. The country ranked 50th in the Adaptive Attitudes sub-factor, 23rd in Business Agility, and 57th in IT Integration.

Singapore topped the rankings, followed by Sweden, the USA, Finland, and Denmark. Economies that placed highly in the WCY also tended to do well in Digital Competitiveness.

The Asian Institute of Management Rizalino S. Navarro Policy Center for Competitiveness has been the Philippine partner institute of the IMD in producing the Yearbook since 1997. The Center’s analysis of the 2017 WCY results is available at policy.aim.edu/blog/2017/06/aim-rsn-policy-center-for-competitiveness-releases-2017-world-competitiveness-yearbook-results. For more information, contact the AIM RSN Policy Center for Competitiveness via email at policycenter@aim.edu or call at (02)892-4011 local 5105. 

 

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