Portugal occupies the 34th position in the digital competitiveness ranking prepared by IMD, a Swiss business school, which represents a two-place drop compared to the 2018 results. Portugal is in the middle of the table, but already in the second half, which includes 63 countries and assesses the adoption and exploitation of digital technologies in transforming the economy and society.
The ranking of each country is calculated based on three major criteria: knowledge (talent, education and scientific concentration), technology (investment, regulatory and technological framework) and future (integration of technologies, business agility and adaptability). Portugal ranked 31st, 38th and 34th, respectively, at these points of analysis.
The fall of Portugal is directly related to what IMD considers to be, in the area of knowledge, a lack of international experience in the Portuguese workforce and a lack of commitment to the training of employees by companies. In the area of technology, Portugal is poor in technological export and in the future segment, IMD considers that Portuguese companies lack agility.
On the positive side, Portugal emerges as one of the leading countries in the number of science graduates, has good immigration laws to attract talent and foreign investment, has good telecommunications infrastructure and is in the first half of the table for regards public services available online.
The IMD ranking is led by the US and the remaining top 5 consists of Singapore, Sweden, Denmark and Switzerland. As far as Europe is concerned, besides the countries already mentioned, the Netherlands (6th), Germany (17th), Ireland (19th) and Luxembourg (21st) are the best ranked.