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World Bank issues Logistics Performance Index
Release time:2014-05-23 12:00/Source:admin/Reads:/Enquiry
The Logistics Performance Index is based on a worldwide survey of operators on the ground (global freight forwarders and express carriers), 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 with which they trade, and experience of global logistics environment.
 
Feedback from operators is supplemented with quantitative data on the performance of key components of the logistics chain in the country of work, data collected for 155 countries.
 
The LPI consists therefore of both qualitative and quantitative measures and helps build profiles of logistics friendliness for these countries. It measures performance along the logistics supply chain within a country and offers two different perspectives: International and Domestic.
 
International LPI provides qualitative evaluations of a country in six areas by its trading partners – logistics professionals working outside the country.
Domestic LPI provides both qualitative and quantitative assessments of a country by logistics professionals working inside it. It includes detailed information on the logistics environment, core logistics processes, institutions, and performance time and cost data.
 
The LPI survey was designed and implemented by the World Bank International Trade and Transport Departments, with Finland’s Turku School of Economics (TSE). It was endorsed and promoted by the Global Facilitation Partnership for Transportation and Trade (GFP). The LPI Survey would not have been possible without the active support and participation of the International Federation of Freight Forwarders Associations (FIATA) and the Global Express Association (GEA).
 
World Bank conducts the LPI Survey every two years to improve the reliability of the indicators and to build a dataset comparable across countries and over time.

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