TOP Countries by Logistics Performance
The Logistics Performance Index (LPI) is a report card for how well a country manages the movement of goods. It looks at things like how quickly products can be shipped, how efficient customs procedures are, and the quality of transport infrastructure like roads and ports. Think of it as a way to measure how smoothly and effectively a country handles the process of getting things from one place to another. The higher a country's LPI score, the better they are at managing their logistics and transportation systems.
The higher the LPI score, the better the country's logistics performance. Scores range from 1 to 5, with 5 being the highest possible score. In this scale:
A score of 5 would indicate excellent logistics performance, implying that a country's logistics and transportation systems are highly efficient and effective.
A score closer to 1 would suggest poor logistics performance, indicating that there are significant challenges or inefficiencies in the country's logistics and transportation infrastructure.
LPI is produced by the World Bank, starting in 2007, then 2010, 2012,2014,2016,2018 and 2023. It is part of the World Bank's efforts to assess and measure the efficiency and effectiveness of logistics and trade facilitation in different countries around the world. The LPI is based on surveys and data collected from businesses, including freight forwarders and logistics professionals, to gauge their experiences and perceptions of the logistics and transportation systems in various countries. The World Bank then compiles and analyzes this data to create the LPI scores, which are used to rank countries in terms of their logistics performance.
Music:
Hotham - In Time
https://soundcloud.com/hothammusic/in-time
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Data visualization created with flourish.studio and AI
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