South Asia and Sri Lanka in the WEF’s Network Readiness Index

Posted on May 11, 2015  /  0 Comments

Have not had the time to do the usual analysis, so was happy to see this report in the Financial Times.

The recently released 2015 edition of the Global Information Technology Report of the World Economic Forum has placed Sri Lanka at 65th position in networked readiness among 143 economies surveyed.

Singapore is ranked as the topmost country in networked readiness and replaces Finland, which had been number one since 2013. Japan, which climbs an impressive six places on a year-on-year basis to 10th position, also joins the top 10.

Sri Lanka is the highest-ranked South Asian nation this year and eighth among the Asian nations, beaten only by Singapore (1st), Japan (10th), Korea (12th), Hong Kong (14th), Taiwan (18th), Malaysia (32nd) and China (62nd). All these seven countries are industrialised nations with higher per capita GDP rates. On the other hand, Sri Lanka has been rated above its economic peers; Thailand (67th), South Africa (75th), Indonesia (79th) and Brazil (84th). Overall South Asia’s performance does not look good with India (81st), Bangladesh (102nd) and Pakistan (112th) all not making it to the better half.

Sri Lanka’s performance this year is impressive compared to that of 2014, when it lost points for relatively sluggish infrastructure development. This year Sri Lanka has improved its status particularly in its affordability of ICT facilities, ICT skills, ICT usage by the Government and ICT social impact. In affordability, it is within the top 10 economies.

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