BUSINESS
LPI: Lanka makes mammoth leap
Sri Lanka was ranked 81st in the Logistics Performance Index (LPI)
2012 and made a mammoth leap from 137 to 81 over the past several years.
In this year’s rankings Singapore takes the pole position with Hong
Kong, Finland, Germany and the Netherlands completing the top five.
Denmark slots in at sixth. Only these countries have garnered a score
above the threshold of 4.00.
The lowest ranked country is Burundi with a score of 1.61. Japan,
United States and United Kingdom were ranked eight, nine and 10 with the
world’s second largest economy (China) at 26th.In the SAARC region,
India takes pole position as they are ranked 46th with a solid score of
3.08. Pakistan is ranked 71 with 2.83. Sri Lanka chips in third out of
the eight SAARC nations at 81 with a score of 2.75.
This puts Sri Lanka at the middle of the scale as a third quintile
performer.
Maldives, Bhutan and Afghanistan were ranked 104, 107 and 135. Nepal
was ranked at 151th out of 155 participants, with a score of 2.04.
Bangladesh was dropped from the index due to insufficient data
available. |