United Nations Conference on Trade and Development’s (UNCTAD) has released the E-commerce Index 2019

Posted on : 18 Dec 2019

• United Nations Conference on Trade and Development’s (UNCTAD) has released the Business-to-Consumer (B2C) E-commerce Index 2019.
• The index compares 152 countries on four major indicators that are highly related to E-Commerce which includes population age, individuals using the internet, postal reliability index and secure internet servers.
• It also measures an economy's preparedness to support online shopping
• It has been topped by the Netherlands for the second consecutive year.
• India has ranked 73rd out of 152 countries.
• European nations hold eight of the top 10 spots on the index.
• The only non-European countries on the top 10 list are Singapore (3) and Australia (10).
• According to the report, in India Internet shoppers as a share of Internet users were 11 per cent and Internet shoppers as a share of population 3 per cent in 2017.
• Faring better than India are countries such as Iran, ranked 42nd, Kazakhstan (57), Azerbaijan (62), Vietnam (64) and Tunisia (70).
• Switzerland is ranked second on the list, followed by Singapore, Finland, the United Kingdom, Denmark, Norway, Ireland, Germany and Australia.

Article Related Questions

1. Which organization recently released “E-commerce Index 2019?”

1.UNDP

2.UNCTAD

3.World Economic Forum

4.World Bank

Right Ans : UNCTAD

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