The digitalization as a global trend and growth factor of the modern economy

Abstract

The phenomenon of the digitalization in the world economy is investigated in the article. The digital economy is the most important engine of innovation, competitiveness and economic growth in the world. The specific features of the modern digital economy are determined. The main indicators of measuring the level of digital economy are analyzed, the world countries’ leaders are defined. Study shows that each of the indexes has different methodological approaches to determining the level of digitalization and contains various factors. Highly developed countries have the best level of digitization of their own economies, because they have high-quality access to the Internet, a high level of scientific and technological capacity development and wide information access. The indicators of Ukraine as a digital economy are analyzed. Article shows that Ukraine as a European country is only at the beginning of its development of a high-quality digital economy. The links between national economy’s macroeconomic indicators development connecting with innovations are established.