Euler Hermes presented its Enabling Digitalization Index (EDI) 2018, showing each country’s ability to provide the necessary environment for businesses to succeed in an increasingly digitalized global economy. The US, Germany and the Netherlands are the top 3.
The US are leading by far with a score of 87 out of 100. The country has a large market, a strong knowledge and a favorable business environment, which benefit digital transformation.
In Europe, Germany leads the way with a score of 75.3. Germany presented excellent fundamentals with a solid logistics infrastructure, connectivity and knowledge ecosystem, Georges Dib, an economist with Euler Hermes and co-author of the report, said.
Furthermore, Western Europe has 16 countries in the top 30. Four of them are in to the top 5: Germany, the Netherlands, Switzerland and the United Kingdom.
As far as Asia is concerned, out of the 30 top markets, 8 are from Japan, Singapore, Hong Kong, South Korea and China, followed by Australia, New Zealand and Malaysia.
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In Latin America, weak connectivity, logistics infrastructure and low innovation are reported. The first two Latin American countries in the rank are Chile (43rd) and Mexico (52nd).
In the Middle East, the United Arab Emirates (24th) are leading, with an impressive infrastructure score due to being a major trade hub.
In Africa, South Africa (46th) leads, while the second African country is Kenya (70th), which has a decent infrastructure performance.
See the full report in the following PDF