Benchmark

Small Nations and Islands Are Winning the Digital Revolution Race

New Zealand, Singapore and Estonia top a ranking by Tufts University and Mastercard

Gamers play video games on laptop computers at the Dreamhack digital festival in Moscow, Russia, on Saturday, Dec. 5, 2015. Dreamhack is the world's largest digital festival and meeting place for gamers, fans and e-sport enthusiasts.

Photographer: Bloomberg/Bloomberg
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Larger economies may be in danger of losing the digital race to smaller and more nimble nations.

Several Nordic countries, Switzerland and tech-centric South Korea are ahead of the U.S. and Japan, according to a digital economy ranking conducted by researchers at Tufts University in partnership with Mastercard Inc. When also factoring in nations' relative digital momentum, the real stars are New Zealand, Singapore and the United Arab Emirates.