Artificial intelligence (AI) is revolutionizing the global economy, reshaping labor markets, industries, and societal dynamics. This transformation brings vast opportunities along with complex challenges. According to a forecast by Grand View Research, the global AI market is expected to grow at a robust compound annual growth rate (CAGR) of 36.6% from 2024 to 2030, highlighting AI’s expanding role in various sectors.
The IMF’s AI Preparedness Index measures a country’s AI readiness based on four factors,
Top 10 Countries Most Prepared for AI Adoption (2023),
Rank | Country | AI Preparedness Index Score |
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 |
Leading Countries
AI Strategies in Northwestern Europe
AI Usage and Innovation
Comparison with Other Countries in the Region,
Summary | Details |
Why in the news? | AI is revolutionizing the global economy. In the AI Preparedness Index India ranks 72 in the list. IMF AI Preparedness Index 2023
Top 10 Countries 1. Singapore, 2. Denmark, 3. USA, 4. Netherlands, 5. Estonia, 6. Finland, 7.Switzerland, 8. New Zealand, 9. Germany, 10. Sweden India – 72nd, China – 31st, Sri Lanka 92nd, Bangladesh – 113th. |
AI Preparedness Index | Released By IMF (Internal Monetary Fund) |
Total Countries | 174 |
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