2024, Vol. 6, Issue 2, Part D

Findings revealed significant correlations between LPI and both GDP and GSR. High-GDP countries generally exhibited superior LPI scores, indicating that greater economic capacity translates to improved logistics performance. Additionally, a positive trade balance (GSR) was associated with higher LPI, emphasizing the critical role of efficient logistics in supporting trade. Regression analysis showed that GDP and GSR together explain 45% of the variance in LPI, highlighting their combined influence on logistical outcomes. Countries with robust logistics infrastructure, such as Singapore and Sweden, achieved higher LPI scores, while those with trade deficits faced logistical inefficiencies.