Position of Venezuela in the Digital Competitiveness Ranking 2023, by factor

Published by
Alexandra Borgeaud,
Oct 21, 2024

With an overall score of 22.55 out of a maximum of 100 in the 2023 IMD World Digital Competitiveness Ranking, Venezuela was the lowest-ranked country out of a total of 64 analyzed nations. This was the eighth consecutive year in which the Latin American country scored last in the ranking.

Position of Venezuela in the Digital Competitiveness Ranking in 2023, by factor

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Release date

November 2023

Region

Venezuela

Survey time period

2023

Special properties

among 64 economies covered by the ranking.

Supplementary notes

According to the IMD, the World Digital Competitiveness Ranking "measures the capacity and readiness of 64 economies to adopt and explore digital technologies for economic and social transformation. The ranking relies on three factors: Knowledge, which captures the intangible infrastructure necessary for the learning and discovery dimensions of technology; Technology, which quantifies the landscape of developing digital technologies; and Future Readiness, that examines the level of preparedness of an economy to assume its digital transformation."

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