Logistics Performance Index
Logistics Performance Index (LPI) [1] is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance.[2] It is the weighted average of the country scores on the following six key dimensions: efficiency of the clearance process (i.e. speed, simplicity and predictability of formalities) by border control agencies, including Customs; Quality of trade and transport related infrastructure (e.g. ports, railroads, roads, information technology); Ease of arranging competitively priced shipments; Competence and quality of logistics services (e.g., transport operators, customs brokers); Ability to track and trace consignments; Timeliness of shipments in reaching destination within the scheduled or expected delivery time. This measure indicates the relative ease and efficiency with which products can be moved into and inside a country. Germany and Singapore are the most efficient and highest ranked LPI countries.
Logistics Performance Index is reported by World Bank in every 2 years. The LPI is based on a worldwide survey of stakeholders on the ground providing feedback on the logistics “friendliness” of the countries in which they operate and those with which they trade.They combine in-depth knowledge of the countries in which they operate with informed qualitative assessments of other countries where they trade and have experience of global logistics environment.
2016 logistics performance index
Top position is held by Germany. India holds 35th position, a significant improvement from 2014. Civil war inflicted Syria holds the last position.
