FX.co ★ World’s top 10 digitally advanced nations

Some nations including the developed ones are not always able to retain their leadership positions in the field of digital technology. Often emerging countries snap at their heels. The Digital Evolution Index was launched to track the progress countries have made in developing their digital economies. It analyses indicators across key drivers — supply and demand conditions; institutional environment; and innovation and change.

Norway is a top scoring country in the DEI ranking, where a broadband access is a legal right for every citizen.

Sweden comes out 2nd with its high levels of digital development.

Switzerland is ranked 3rd most digitally advanced nation. Experts highlight its remarkable progress in technological development.

Denmark is ranked 4th, enjoying a high state of digital advancement, just a spot behind the top three digital economies.

Finland stands fifth among the high-scoring nations in the state of digitization. Like Norway, it is committed to developing its broadband infrastructure.

With its digital development evolving rapidly, Singapore is ranked 7th in the DEI ranking. The country is one of the most attractive for investment, especially in the sphere of information technology.

South Korea is the 7th top scoring country in terms of the pace of change in its digital evolution. Experts note the country's commitment to shaping its digital economy.

The United Kingdom is ranked 8th as it promotes technology and innovation. However, Brexit sparked concerns over the future behavior of investors and entrepreneurs. The uncertainty surrounding the terms of the UK's exit from the EU and a potential impact on Britain's businesses leaves economists at a loss.

Hong Kong is a 9th top digitally advanced nation. It is seen to become a world-renowned digital economy hub.

The United States closes the ten top ranking of digital economies. The US embraces digitalization, but has a significant gap in broadband access.