Some nations including the developed ones are not always able to retain their leadership positions in the field of digital technology. Often emerging countries snap at their heels. The Digital Evolution Index was launched to track the progress countries have made in developing their digital economies. It analyses indicators across key drivers — supply and demand conditions; institutional environment; and innovation and change.
Norway is a top scoring country in the DEI ranking, where a broadband access is a legal right for every citizen.
Sweden comes out 2nd with its high levels of digital development.
Switzerland is ranked 3rd most digitally advanced nation. Experts highlight its remarkable progress in technological development.
Denmark is ranked 4th, enjoying a high state of digital advancement, just a spot behind the top three digital economies.
Finland stands fifth among the high-scoring nations in the state of digitization. Like Norway, it is committed to developing its broadband infrastructure.
With its digital development evolving rapidly, Singapore is ranked 7th in the DEI ranking. The country is one of the most attractive for investment, especially in the sphere of information technology.
South Korea is the 7th top scoring country in terms of the pace of change in its digital evolution. Experts note the country's commitment to shaping its digital economy.
The United Kingdom is ranked 8th as it promotes technology and innovation. However, Brexit sparked concerns over the future behavior of investors and entrepreneurs. The uncertainty surrounding the terms of the UK's exit from the EU and a potential impact on Britain's businesses leaves economists at a loss.
Hong Kong is a 9th top digitally advanced nation. It is seen to become a world-renowned digital economy hub.
The United States closes the ten top ranking of digital economies. The US embraces digitalization, but has a significant gap in broadband access.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
