The IMD World Digital Competitiveness Ranking (WDCR) presents the 2019 overall rankings for the 63 economies covered by the World Competitiveness Yearbook 2019 (WCY). The rankings are calculated on the basis of the 51 ranking criteria (31 Hard and 20 Survey data). To evaluate an economy, WDCR examines three factors: knowledge, which measures the capacity to understand and learn the new technologies; technology, which evaluates the competence of an economy to develop new digital innovations; and future-readiness, which assesses the preparedness for the coming developments. This year, two new variables are introduced in the calculation of the WDCR, both related to robotics. In the context of the WDCR, we are incorporating two series: “industrial robot” that measures the total number of robots in operation and specifically “robots in education and R&D” worldwide. WDCR assesses an economy’s aptitude to adapt and explore digital technologies that transform business models, government practices and society in general.

The United States held on to the number one spot in IMD World Digital Competitiveness ranking (WDCR) in 2019, with all top five economies in the index unchanged USA, Singapore, Sweden, Denmark, and Switzerland. In the Top 10, the Netherlands, Hong Kong SAR and the Republic of Korea moved up to 6th, while Norway dropped to 9th and Canada fell from 8th to 11th. Several Asian economies advanced significantly in the ranking compared to 2018. Hong Kong SAR and the Republic of Korea entered the top ten while Taiwan and China moved up to 13th and 22nd respectively. All these countries experienced marked progress in their technological infrastructure and the agility of their businesses.

Mongolian Digital Competitiveness Ranking 2019

Mongolia ranks 62th (out of 63 countries) in the overall digital ranking, a fall of 1 place from the previous year. But improves scored in compared to last year.

Digital Competitiveness Factors

Mongolia ranked the highest in the future readiness factor (61st). However, all three digital competitiveness factors rankings have decreased by order.

Digital Sub-factor Rankings

Mongolian highest ranking at the sub-factor level is in adaptive attitudes. But, the business agility, regulatory framework, and IT integration sub-factors experienced a decline.

Wireless broadband, high-tech exports, smartphone possession subfactor improved from digital sub-factor rankings with respect to the previous year. Also, In the technology factor, it ranked 3^rd investment in telecommunications sub-factor the same as the previous year. In contrast, women with degrees, total public expenditure on education, female researchers, R&D productivity by publication and starting a business sub-factors decreased from digital sub-factor rankings. In addition, Mongolian digital competitiveness ranking decline was mainly the result of a drop in the business agility in terms of the process of knowledge transfer (63rd) and IT integration in terms of the process of cybersecurity (63rd).

Mongolian strengths and weaknesses