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- The International Institute for Management Development (IMD) has released its 2023 World Digital Competitiveness Ranking (WDCR).
- As per the ranking, India has been kept on the 49th spot among 64 economies.
- India has made significant improvements in cyber security knowledge but lags in technology and future preparedness.
- The WDCR is a comprehensive assessment that shows how countries are navigating the digital landscape amid the rise of artificial intelligence (AI).
- The ranking throws light on crucial elements contributing to a nation’s digital prowess.
- The United States remained on the top spot in the ranking. It solidified its position as a “digital nation”.
- Netherlands is in the second spot by jumping four places while Singapore secured third place in the ranking.
- Denmark slipped to fourth position due to a decline in future readiness and technology factors.
- In the Asia-Pacific region, India has descended to the 12th position among 14 countries.
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