News
The capacity of countries to efficiently move goods and connect manufacturers and consumers with international markets is improving around the world, but much more progress is needed to spur faster economic growth and help firms benefit from trade recovery, according to a new World Bank Group survey on trade logistics.
Based on a survey of 1,000 international freight forwarders and express carriers conducted during the global financial crisis, Germany is the top performer among the 155 economies ranked in the Logistics Performance Indicators (LPI). Top ten countries are Germany (score of 4.11 out of a possible five); Singapore (4.09); Sweden (4.08); Netherlands (4.07); Luxembourg (3.98); Switzerland (3.97); Japan (3.97); U.K. (3.95); Belgium (3.94); and Norway (3.93).
According to the LPI, high income economies dominate the top logistics rankings, with most of them occupying important places in global and regional supply chains. By contrast, the ten lowest performing countries are almost all from the low and lower income groups.
The report notes that among developing economies logistics performance transcends the level of per capita income: Many countries perform better than what their income level would suggest. The ten most significant over-performers include China (27), India (47), Uganda (66), Vietnam (53), Thailand (35), the Philippines (44), and South Africa (28).
Likewise, the countries with significant improvement in performance between the two surveys (the 2007 and 2010 LPI) are often those which implemented comprehensive logistics and trade facilitation reforms earlier, such as Colombia, Brazil, and Tunisia.
The rankings can be downloaded at :
http://siteresources.worldbank.org/INTTLF/Resources/LPI2010_for_web.pdf