Determination of Logistics Performance of G20 Countries Using Quantitative Decision-Making Techniques

Abstract

Today, the increase in competition with globalization has caused logistics to gain importance, with international trade as one of its basic elements. Developments in the transportation and logistics sector affect economic growth through their effects on production, consumption, and trade. Similarly, international trade and economic growth also support the development of the transportation and logistics sector. From this perspective, logistics is an indicator of development. Nowadays, logistics is a constantly developing and growing sector. The aim of this study is to conduct performance rankings and cluster analyses of G20 countries in 2023 and to compare the results with the logistics performance index (LPI) scores published by the World Bank. Our assumption is that the results of the analysis and the LPI index would be the same or similar. The findings obtained as a result of both analyses are largely similar to the LPI ranking presented by the World Bank.