The World Bank Logistics Performance Index (LPI) 2018: Winner and Loosers

The World Bank released its Logistics Performance Index (LOI) 2018 report. Earlier versions of this global Logistics benchmark were published in 2007, 2010, 2012, 2014 and 2016.

TheLogistic Performance Index (LPI) 2018 is considered one of the main benchmark studies in the trade and logistics sector.

The LPI aims to offer a comparison of how efficiently supply chains connect firms to markets, or logistics performance. It covers more than160 countries, i.e. the majority of global supply chains worldwide.

Sweden traditionally a trade friendly country, dropped from #3 in the #Logistics Performance Index (#LPI) 2010 to #13 in 2012, but regained its position: #6 in 2014, #3 in 2016 and #2 in 2018.

Between the 2007 report and the 2014 report, the gap between best performing countries and worst performing countries shrunk. In 2016, however, “the gap seemed to widen between the top and the bottom, with the highest average scores ever for the top 10 countries (4.13 on a scale from 1 to 5) and the lowest scores since 2007 for countries at the bottom (1.91)”.

The 2018 report shows however that the gaps shrink once again: “The average score for the top 10 countries dropped to 4.03, whereas the bottom 10 countries scored an all-time high of 2.08”. The trade ecosystem is becoming more equal, to some extent.