Executive Education

G20 Countries: Which Nation Is Best Prepared For The New Digital Economy?

Among the G20 countries, United States was the best performer, followed by United Kingdom, Japan, South Korea, and Canada, according to the Global Information Technology Report, 2016.

U.S. leads the G20 economies in 2016 and moves up two spot to 5th position overall, United Kingdom shockingly maintained its 8th position. Despite improvements in its political and regulatory environment and in its business and innovation environment, India has slipped down two positions to an overall rank of 91. Germany, Australia, France, Saudi Arabia, and Russia rounded out the top ten nations out of the Group of 20.

G20 Countries: Which Nation Is Best Prepared For The New Digital Economy?

RankCountryGlobal Rank
1United States5
2United Kingdom8
3Japan10
4South Korea13
5Canada14
6Germany15
7Australia18
8France24
9Saudi Arabia33
10Russia41
11Italy45
12Turkey48
13China59
14South Africa65
15Brazil72
16Indonesia73
18Mexico76
18Argentina89
19India91

The Top 20 countries best prepared for the new digital economy, 2016

Infographic The Top 20 countries best prepared for the new digital economy, 2016

Singapore is leading the world when it comes to generating economic impact from investments in information and communications technologies (ICT).

Globally, among the world’s 139 countries, Singapore topped the WEF’s “networked readiness index” for the 2nd year in a row. Finland ranks at number two, followed by Sweden (3rd), Norway (4th), and the United States (5th), which climbed two places. Making up the rest of the top ten were the Netherlands, Switzerland, the United Kingdom, Luxembourg and Japan.

**Networked Readiness Index analyses how prepared countries are to benefit from emerging technologies and opportunities created by digital innovation, which the WEF calls the fourth industrial revolution.

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States. Prof. Dr. Amarendra Bhushan Dhiraj is a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

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