![Logistic Performance Index, 2016 | Port Economics, Management and Policy](https://i0.wp.com/porteconomicsmanagement.org/wp-content/uploads/Map-LPI-2016.png?resize=900%2C555&ssl=1)
Source: adapted from World Bank, Logistics Performance Index.
In November 2007, the World Bank published its first report which ranked 150 nations according to their logistics performance based on a metric labeled the Logistics Performance Index (LPI). The LPI is a composite of a country’s rating across seven criteria: customs clearance, logistics infrastructure, ease of international shipments, logistics competence/internal skillsets and service providers, tracking and tracing capabilities, domestic logistics costs, and timeliness/consistency. Countries that are able to connect to the global logistics network have access to vast new markets.