NEWS

Saudi Arabia is The Second in the World of The Digital Competitiveness Within The Group of Twenty

The Kingdom of Saudi Arabia ranked second in the world among the G20 countries in the Digital Competitiveness Report for 2021 issued by the European Center for Digital Competitiveness.
Based on this year’s report, the Kingdom advanced 20 degrees in the general index, compared to the previous year, and advanced 86 degrees in the digital ecosystem axis, topping the G20 countries, and achieving third place in the digital capabilities axis among the G20 countries.
The report measures the achievements and steps taken by the Kingdom from 2018 to 2020, through several criteria through two axes: the first relates to the digital transformation ecosystem, in terms of investments in venture capital, ease of business performance, and digital capabilities, while the second axis includes readiness to adopt the transformation Digital and innovation in terms of the digital capabilities of the workforce and readiness for entrepreneurial risks, broadband penetration and innovative ideas in companies.
The report’s data also includes developing digital capabilities, attracting foreign investments, the main objectives of the communications and information technology sector, increasing the size of the information technology market, and the growth of the communications sector’s contribution.