News > Which Economies Showed the Most Digital Progress in 2020?

Which Economies Showed the Most Digital Progress in 2020?

03/01/2021 02:10 PM | Click to read full article

Over the last year, the pandemic has caused the global economy to contract by 4.4%. At the same time, one trend has accelerated worldwide: digitalization. As countries face repeated lockdowns, digital capabilities have become more essential than ever.

The Stand Out economies zone includes economies with both high levels of existing digitalization and strong momentum in continuing to advance their digital capabilities. Three economies are particularly notable: South Korea, Singapore, and Hong Kong.