COUNTRY PROFILE. Denmark
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1 COUNTRY PROFILE Denmark
2 Statistical tables Factor I: Economic Performance WORLD COMPETITIVENESS RANKING 20 All data are available from the World Competitiveness Online. Visit our eshop
3 COMPETITIVENESS TRENDS - OVERALL DENMARK OVERALL PERFORMANCE ( countries) CHALLENGES IN 20 Secure Secure better better access access to skilled to skilled labor. labor. Reduce taxation on companies and labor to increase investments and productivity. Boost productivity, for example through increased investments in ICT equipment, automation and digital skills. Preserve positive attitudes to globalization and free trade. Tighten the fiscal policy and focus public spending on education, R&D and infrastructure. Provided Confederation by: of Danish Industry (DI) Confederation of Danish Industry (DI) 7 BASIC FACTS Rank Capital Land area (square km '000) Copenhagen 207 Exchange Rate (per $) Population - market size (millions) Gross Domestic Product (GDP) (US$ billions) GDP (PPP) per capita (US$), 207 Real GDP growth (%) Consumer price inflation (%). 207 Unemployment rate (%). 207 Labor force (millions) Current account balance (% of GDP) Direct investment stocks inward ($bn) Direct investment flows inward (% of GDP) COMPETITIVENESS LANDSCAPE Economic Performance Government Efficiency Business Efficiency Infrastructure Domestic Economy International Trade International Investment Employment Prices Public Finance Tax Policy Institutional Framework Business Legislation Societal Framework Productivity & Efficiency Labor Market Finance Management Practices Attitudes and Values Basic Infrastructure Technological Infrastructure Scientific Infrastructure Health and Environment Education PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (0 countries) POPULATIONS < 20 MILLION ( countries)
4 COMPETITIVENESS TRENDS - FACTOR BREAKDOWN DENMARK ECONOMIC PERFORMANCE Sub-Factor Rankings : 207 Domestic Economy 0 International Trade 2 International Investment 2 Employment 2 Prices GOVERNMENT EFFICIENCY Sub-Factor Rankings : 207 Public Finance 7 Tax Policy Institutional Framework Business Legislation Societal Framework 20 BUSINESS EFFICIENCY Sub-Factor Rankings : 207 Productivity & Efficiency 2 Labor Market 2 Finance Management Practices Attitudes and Values INFRASTRUCTURE Sub-Factor Rankings : 207 Basic Infrastructure Technological Infrastructure Scientific Infrastructure Health and Environment Education 20 7
5 WORLD COMPETITIVENESS DIGITAL RANKING 20 All data are available from the World Competitiveness Online. Visit our eshop
6 DIGITAL TRENDS - OVERALL DENMARK OVERALL PERFORMANCE ( countries) Overall Alpha Alpha Factors Beta BetaLabel Gamma GammaLab Sub-Factors Knowledge Talent Training & education Scientific concentration 0 22 Technology Regulatory framework Capital Technological framework The direction of the triangle indicates the performance change from the last year: improved or stable declined Future readiness Adaptive attitudes Business agility IT integration OVERALL & FACTORS - years OVERALL Knowledge Technology Future readiness COMPETITIVENESS & DIGITAL RANKINGS Digital Competitiveness N.B. This graph provides only a comparison of the country s performance in the two rankings. 7 7 PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (0 countries) POPULATIONS < 20 MILLION ( countries)
7 u Overall top strengths w Overall top weaknesses FACTORS BREAKDOWN - STRENGHTS AND WEAKNESSES DENMARK KNOWLEDGE Subfactors Talent 0 Training & education 7 Scientific concentration 7 Talent Rank Rank Rank Training & education Scientific concentration Educational assessment PISA - Math u Employee training Total expenditure on R&D (%) International experience Total public expenditure on education u Total R&D personnel per capita 2 Foreign highly-skilled personnel Higher education achievement 2 Female researchers u Management of cities 2 Pupil-teacher ratio (tertiary education) w R&D productivity by publication 7 Digital/Technological skills 7 w Graduates in Sciences Scientific and technical employment Net flow of international students Women with degrees 2 High-tech patent grants 7 TECHNOLOGY Subfactors Regulatory framework Capital Technological framework Regulatory framework Rank Capital Rank Technological framework Rank Starting a business 20 w IT & media stock market capitalization Communications technology Enforcing contracts 2 Funding for technological development Mobile Broadband subscribers 2 w Immigration laws 0 Banking and financial services Wireless broadband u Development and app. of technology 2 Investment risk Internet users Scientific research legislation Venture capital 0 Internet bandwidth speed u Intellectual property rights 2 w Investment in Telecommunications High-tech exports (%) 20 FUTURE READINESS Subfactors Adaptive attitudes Business agility IT integration 0 Adaptive attitudes Rank Business agility Rank IT integration Rank E-Participation Opportunities and threats E-Government Internet retailing Innovative firms 2 Public-private partnerships Tablet possession Agility of companies Cyber security 2 Smartphone possession 7 Use of big data and analytics 7 Sofware piracy Attitudes toward globalization Knowledge transfer
8 IMD is ranked in open programs worldwide 7 years in a row. Financial Times Developing leaders Transforming organizations Impacting your future IMD Switzerland Chemin de Bellerive 2 P.O. Box CH-00 Lausanne Switzerland Central tel: IMD Singapore IMD SE Asia Pte. Ltd South Beach Tower Beach Road #7- Singapore 77 Central tel: + 7 Connect with us Talk with us info@imd.org IMD, IMD INTERNATIONAL REAL WORLD. REAL LEARNING, IMD BUSINESS SCHOOL and IMD WORLD COMPETITIVENESS YEARBOOK are trademarks of IMD International Institute for Management Development. IMD 207
WORLD COMPETITIVENESS RANKING 2018
COUNTRY PROFILE Statistical tables Factor I: Economic Performance WORLD COMPETITIVENESS RANKING 08 All data are available from the World Competitiveness Online. Visit our eshop COMPETITIVENESS TRENDS -
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Malaysia is ranked 35th in the GII 2018, moving up 2 positions from the previous year.
Malaysia 35 th Malaysia is ranked 35th in the GII 2018, moving up 2 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Malaysia
Thailand is ranked 44th in the GII 2018, moving up 7 positions from the previous year.
Thailand 44 th Thailand is ranked 44th in the GII 2018, moving up 7 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Thailand
France is ranked 16th in the GII 2018, moving down 1 position from the previous year.
France 16 th France is ranked 16th in the GII 2018, moving down 1 position from the previous year. France moved down one position this year, ranking 16th in the GII 2018. Despite this downward movement,
South Africa is ranked 58th in the GII 2018, dropping 1 position from last year.
South Africa 58 th South Africa is ranked 58th in the GII 2018, dropping 1 position from last year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects South
Mexico is ranked 56th in the GII 2018, moving up 2 positions from the previous year.
Mexico 56 th Mexico is ranked 56th in the GII 2018, moving up 2 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Mexico
Egypt is ranked 95th in the GII 2018, moving up 10 positions from the previous year.
Egypt 95 th Egypt is ranked 95th in the GII 2018, moving up 10 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Egypt s
Germany is ranked 9th in the GII 2018, the same position as in 2017.
Germany 9 th Germany is ranked 9th in the GII 2018, the same position as in 2017. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Germany s ranking over
Kuwait is ranked 60th in the GII 2018, moving down 4 positions from last year.
Kuwait 60 th Kuwait is ranked 60th in the GII 2018, moving down 4 positions from last year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Kuwait s ranking
Serbia is ranked 55th in the GII 2018, moving up 7 positions from the previous year.
Serbia 55 th Serbia is ranked 55th in the GII 2018, moving up 7 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Serbia
Bulgaria is ranked 37th in the GII 2018, dropping 1 position from the previous year.
Bulgaria 37 th Bulgaria is ranked 37th in the GII 2018, dropping 1 position from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Bulgaria
Japan is ranked 13th in the GII 2018, moving up 1 position from the previous year.
Japan 13 th Japan is ranked 13th in the GII 2018, moving up 1 position from the previous year. Japan continues to be among the 15 most innovative countries in the world. One of the largest world R&D spenders,
Chile is ranked 47th in the GII 2018, moving down 1 position from the previous year.
Chile 47 th Chile is ranked 47th in the GII 2018, moving down 1 position from the previous year. Chile ranks 47th in the GII this year, at the top spot in the region but down one position since last year.
Australia is ranked 20th in the GII 2018, moving up 3 positions from the previous year.
Australia 20 th Australia is ranked 20th in the GII 2018, moving up 3 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Australia
Hungary is ranked 33rd in the GII 2018, moving up 6 positions from the previous year.
Hungary 33 rd Hungary is ranked 33rd in the GII 2018, moving up 6 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Hungary
The Netherlands is ranked 2nd in the GII 2018, moving up 1 position from the previous year.
The Netherlands 2 nd The Netherlands is ranked 2nd in the GII 2018, moving up 1 position from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects
Islamic Republic of Iran
Islamic Republic of Iran 65 th The Islamic Republic of Iran is ranked 65th in the GII 2018, rising 10 positions from last year. The GII indicators are grouped into innovation inputs and outputs. The following
Nigeria is ranked 118th in the GII 2018, moving up 1 position from last year.
Nigeria 118 th Nigeria is ranked 118th in the GII 2018, moving up 1 position from last year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Nigeria s rankings
Ireland is ranked 10th in the GII 2018, same position as the previous year.
Ireland 10 th Ireland is ranked 10th in the GII 2018, same position as the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Ireland s ranking
Sri Lanka is ranked 88th in the GII 2018, moving up 2 positions from the previous year.
Sri Lanka 88 th Sri Lanka is ranked 88th in the GII 2018, moving up 2 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Sri
Cameroon is ranked 111th in the GII 2018, moving up 6 positions from last year.
Cameroon 111 th Cameroon is ranked 111th in the GII 2018, moving up 6 positions from last year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Cameroon
Uruguay is ranked 62nd in the GII 2018, moving up 5 positions from the previous year.
Uruguay 62 nd Uruguay is ranked 62nd in the GII 2018, moving up 5 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Uruguay
Senegal is ranked 100th in the GII 2018, the same position as last year.
Senegal 100 th Senegal is ranked 100th in the GII 2018, the same position as last year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Senegal s rankings
The GII indicators are grouped into innovation inputs and outputs. The following table reflects Luxembourg s ranking over time 1.
Luxembourg 15 th Luxembourg is ranked 15th in the GII 2018, moving down 3 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects
Rwanda is ranked 99th in the GII 2018, the same position as last year.
Rwanda 99 th Rwanda is ranked 99th in the GII 2018, the same position as last year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Rwanda s rankings over
Jamaica is ranked 81st in the GII 2018, moving up 3 positions from the previous year.
Jamaica 81 st Jamaica is ranked 81st in the GII 2018, moving up 3 positions from the previous year. The GII indicators are grouped into innovation inputs and outputs. The following table reflects Jamaica
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