Israel keeps place on World Economic Forum ranking

Israel is ranked first in the Networked Readiness Index for computers per 100 persons.

Israel is ranked 17th in the World Economic Forum Networked Readiness Index for 2007-08, tied with Taiwan, with a score of 5.18, out of 127 countries covered. However, Israel's ranking in several components of the index fell sharply compared with last year.

Compared with the previous report, Israel fell from first to third place in the availability of scientists and engineers, and it fell from second to fifth place in the availability of venture capital funds.

On the other hand, Israel was ranked first in the number of computer's per 100 persons, at seven per 100, well ahead of second-ranked Canada, with 4.26 computers per 100 persons.

The World Economic Forum jointly produces the Global Information Technology Report with INSEAD, under the sponsorship of Cisco Systems Inc. (Nasdaq: CSCO). The report examines effect of information and communication technologies (ICT) on economic growth.

Demark was again ranked in first place in this year's Networked Readiness Index, and Sweden was again ranked second. Switzerland rose from fifth to third place. Although Israel lags the US, Singapore, South Korea, and the UK, it outranks Japan, France, and Ireland.

Published by Globes [online], Israel business news - www.globes-online.com - on April 13, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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