Tuesday, November 5, 2024

Which Nations Excel and Struggle in the IMF's AI Preparedness Index?

Artificial Intelligence has taken over the world and now many industries are implementing AI in their workplaces. The International Monetary Fund (IMF) reports reports that AI has impacted 40% of the world’s employment, with some industries being more affected by AI than others. The IMF put forward a report named AI Preparedness Index to rank top countries which are prepared for AI. 174 countries are ranked in the report according to how prepared they are for AI.

According to the rankings, Singapore is the top country which is fully prepared for AI and can adopt AI in its industries smoothly. Singapore has already invested billions of dollars on AI and for making national strategies for AI adoption. According to LinkedIn, the workers in Singapore are also fully prepared to adopt AI and the Singapore government has also developed AI tools for public service officers. Followed by Singapore is Denmark while the United States ranks third in AI preparedness.

Other European countries in the top ten rankings for AI preparedness are Netherlands, Estonia, Finland, Switzerland, Germany and Sweden. It is to be noted that the countries which are most prepared for AI adoption are mostly from Europe. It is because these countries have advanced infrastructure, great government policies and skilled workforce which can smoothly go with AI adoption.

IMF made its AI Preparedness Index report by taking into account four important metrics. Those metrics were digital infrastructure, human capital, legal frameworks and technological innovations in the countries. After looking at all these metrics in 174 countries, the IMF put forward the top ten countries that are fully prepared for AI adoption.


Rank Country AI Preparedness Index Score (0-1)
1 Singapore 0.80
2 Denmark 0.78
3 United States 0.77
4 Netherlands 0.77
5 Estonia 0.76
6 Finland 0.76
7 Switzerland 0.76
8 New Zealand 0.75
9 Germany 0.75
10 Sweden 0.75
11 Luxembourg 0.74
12 Japan 0.73
13 United Kingdom 0.73
14 Australia 0.73
15 South Korea 0.73
16 Israel 0.73
17 Austria 0.72
18 Canada 0.71
19 Norway 0.71
20 Hong Kong 0.70
21 Iceland 0.70
22 France 0.70
23 Ireland 0.69
24 Belgium 0.67
25 Taiwan 0.67
26 Lithuania 0.66
27 Malta 0.66
28 Spain 0.65
29 Czech Republic 0.65
30 Portugal 0.65
31 China 0.64
32 Slovenia 0.63
33 Latvia 0.63
34 Cyprus 0.63
35 Malaysia 0.63
36 United Arab Emirates 0.63
37 Italy 0.62
38 Poland 0.60
39 Slovak Republic 0.59
40 Chile 0.59
41 Romania 0.58
42 Greece 0.58
43 Croatia 0.58
44 Bulgaria 0.58
45 Saudi Arabia 0.58
46 Hungary 0.56
47 Russia 0.56
48 Kazakhstan 0.55
49 Uruguay 0.55
50 Türkiye 0.54
51 Costa Rica 0.54
52 Serbia 0.54
53 Thailand 0.54
54 Qatar 0.53
55 Oman 0.53
56 Mexico 0.53
57 Seychelles 0.53
58 Georgia 0.53
59 Albania 0.53
60 Mauritius 0.53
61 Indonesia 0.52
62 Bahrain 0.52
63 Ukraine 0.51
64 Barbados 0.50
65 Montenegro 0.50
66 Brazil 0.50
67 Panama 0.50
68 Philippines 0.50
69 South Africa 0.50
70 Brunei Darussalam 0.50
71 Armenia 0.49
72 India 0.49
73 Peru 0.49
74 Colombia 0.49
75 Mongolia 0.48
76 Jordan 0.48
77 North Macedonia 0.48
78 Vietnam 0.48
79 Moldova 0.48
80 Argentina 0.47
81 Azerbaijan 0.47
82 Belarus 0.47
83 Dominican Republic 0.47
84 Tunisia 0.47
85 Kuwait 0.46
86 The Bahamas 0.46
87 Fiji 0.45
88 Kenya 0.45
89 Ecuador 0.44
90 Bhutan 0.44
91 Rwanda 0.44
92 Sri Lanka 0.44
93 Trinidad and Tobago 0.44
94 Jamaica 0.43
95 Cabo Verde 0.43
96 Morocco 0.43
97 Bosnia and Herzegovina 0.43
98 Timor-Leste 0.43
99 Kyrgyz Republic 0.43
100 Ghana 0.43
101 Guyana 0.42
102 Belize 0.42
103 Namibia 0.42
104 Suriname 0.42
105 Lebanon 0.42
106 Botswana 0.41
107 Paraguay 0.41
108 Macao 0.41
109 Senegal 0.40
110 Egypt 0.39
111 Guatemala 0.39
112 El Salvador 0.39
113 Bangladesh 0.38
114 Puerto Rico 0.38
115 Iran 0.38
116 Bolivia 0.38
117 Saint Lucia 0.37
118 Zambia 0.37
119 Algeria 0.37
120 Liberia 0.37
121 Cambodia 0.37
122 Pakistan 0.37
123 Tajikistan 0.37
124 Côte d'Ivoire 0.37
125 Benin 0.36
126 The Gambia 0.36
127 Lesotho 0.36
128 Uganda 0.35
129 Tanzania 0.35
130 Nepal 0.35
131 Uzbekistan 0.35
132 Saint Vincent and the Grenadines 0.34
133 Honduras 0.34
134 Cameroon 0.34
135 Malawi 0.34
136 Nigeria 0.34
137 Nicaragua 0.33
138 Laos 0.33
139 Myanmar 0.33
140 Niger 0.33
141 Maldives 0.32
142 Guinea 0.32
143 Gabon 0.32
144 Djibouti 0.32
145 Togo 0.32
146 Burkina Faso 0.31
147 Eswatini 0.31
148 Madagascar 0.31
149 Zimbabwe 0.30
150 Syria 0.30
151 Sierra Leone 0.30
152 Mali 0.30
153 Burundi 0.29
154 Papua New Guinea 0.29
155 Republic of Congo 0.28
156 Venezuela 0.27
157 Iraq 0.27
158 Haiti 0.27
159 Guinea-Bissau 0.26
160 Angola 0.26
161 Mozambique 0.26
162 Comoros 0.25
163 Ethiopia 0.25
164 Yemen 0.25
165 São Tomé and Príncipe 0.25
166 Democratic Republic of the Congo 0.25
167 Libya 0.24
168 Chad 0.23
169 Sudan 0.23
170 Mauritania 0.23
171 Somalia 0.20
172 Central African Republic 0.18
173 Afghanistan 0.13
174 South Sudan 0.11

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by Arooj Ahmed via Digital Information World

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