NEW YORK – Singapore has displaced the United States as the top economy in information technology competitiveness, according to the World Economic Forum’s latest annual Global Information Technology Report released today.
The U.S. drops from first to fifth in the rankings, which measures the propensity for countries to exploit the opportunities offered by information and communications technology (ICT).
Iceland, Finland and Denmark occupy positions two, three and four out of 104 countries surveyed, with Iceland achieving the most improvement among the top countries, moving up from tenth last year.