The IMD World Competitiveness Center in Lausanne, Switzerland, released a new report on the digital competitiveness of economies on May 31.The report, titled IMD World Digital Competitiveness Ranking 2017, was designed to "assess the capacity and readiness of a country to adapt, explore and make the most of the digital transformation", according to the center's official website. The ranking was based on 50 criteria — ranging from talent, capital to business agility and IT integration — which were then split into three categories: knowledge, technology and future readiness.The top 10 economies, which have become the most competitive digitally in the world, are listed below:

 

No 1 Singapore

Score: 100

 

No 2 Sweden

Score: 95.938

 

No 3 The United States

Score: 95.41

 

No 4 Finland

Score: 95.026

 

No 5 Denmark

Score: 94.524

 

No 6 The Netherlands

Score: 93.335

 

No 7 Hong Kong

Score: 92.135

 

No 8 Switzerland

Score: 91.998

 

No 9 Canada

Score: 91.761

 

No 10 Norway

Score: 90.79