Digitalisation in Europe 2020-2021

Taking an early lead on digitalisation is crucial to Europe's lasting competitiveness. Our newest digitalisation report sheds light on the state of digitalisation in European countries:

- The adoption of digital technologies by firms in the European Union is improving, but it has not yet closed the gap with the United States;
- While some EU countries are at the global forefront of digital transformation, others risk being left behind.
- Digitalisation provides a unique opportunity to improve European firms' global competitiveness.To close the digital divide, Europe needs to increase investment and to create ecosystems that support innovation.

About European Investment Bank
The European Investment Bank is the world's biggest multilateral lender. The only bank owned by and representing the interests of the EU countries, the EIB finances Europe's economic growth. Over six decades the Bank has backed start-ups like Skype and massive schemes like the Øresund Bridge linking Sweden and Denmark. Headquartered in Luxembourg, the EIB Group includes the European Investment Fund, a specialist financer of small and medium-sized enterprises.