Question: Recently the World Bank has released the Logistics Performance Index 2016 titled ‘Connecting to compete: 2016: Trade Logistics in the Global Economy.’ In the Index India is ranked-
- On 28 June 2016 the World Bank has released the Logistics Performance Index 2016 titled ‘Connecting to compete: 2016: Trade Logistics in the Global Economy.’
- The Logistics Performance Index (LPI)-2016 provide comparisons across 160 countries by ranking them.
- Out of the 160 countries listed in the Logistics Performance Index (LPI)-2016, Germany topped the Index with the score of 4.23.
- The next four countries in the Index are Luxembourg (4.22), Sweden (4.20), Netherlands (4.19), and Singapore (4.14).
- Syrian Arab Republic is ranked at 160th position in the Index with the score of 1.60.
- India has improved its ranking in the World Bank Group’s bi-annual “Logistics Performance Index 2016 by 19 ranks.
- India was ranked 54th in 2014 and jumped to 35th position in 2016 with the score of 3.42.
- According to the latest rankings India has left behind countries such as New Zealand, Thailand, Saudi Arabia, Iceland, Latvia and Indonesia.
- Among India’s neighbour’s Bangladesh ranked 87th (score – 2.66), Nepal 124th (score – 2.38) and Bhutan 135th (score- 2.32).
- Among the developing countries in the BRICS members China ranked (27th, score -3.66), India (35th, score -3.42), Brazil (55th, score -3.09) Russia (99th, score -2.57) and South Africa (20th, score -3.78).
- Among the developed countries, United States is ranked 10th (score -3.99), Japan 12th (score -3.97), UK 8th (score -4.07), Canada 14th (score -3.93) and France 16th (score -3.90).