India ranks 73rd in UNCTAD B2C E-commerce Index 2019
The United Nations Conference on Trade and Development(UNCTAD) has released its 2019 edition of Business-to-Consumer(B2C) E-commerce Index which measures an economy’s preparedness to support online shopping. The index is prepared on the basis of four indicators that are highly linked to online shopping. The four indicators are-
(1)Account ownership with a mobile-money-service provider or at a financial institution(percentage of population above the age of 15)
(2)Individuals using the Internet(percentage of population)
(3) Postal Reliability Index (4)secure internet servers (taken per 1 million people)
2019 reported covered 152 economies or countries around the world.
Highlights from the report:
The Netherlands is the highest-ranked country in the index with an index score of 96.4 followed by Switzerland, Singapore, Finland, and the United Kingdom at 2nd, 3rd, 4th, and 5th place respectively.
The United States of America ranked at 13th place with 91.3 index value.
China ranked 56th in the index with an index value of 68.8.
India is ranked at 73rd place with 57 index values making a seven place improvement from the 2018 index report of 80th rank.
Among Indian Neighbours, Srilanka 86th, Nepal 112th, Pakistan 114th, Bhutan 116th, and Myanmar finished at 126th place in the index.
K P Sharma Oli sworn in as Nepal Prime Minister
On May 14, 2021, K P Sharma Oli was sworn in as the Prime Minister of Nepal for the third time. Pres...
China launches classified Yaogan satellites into orbit
China recently launched Changsei 2C rocket from the Xichang satellite launch centre. It is a Yaogan ...
What is Commodity Super Cycle?
The prices of commodities from corn to crude oil to rubber, rhodium, copper, soy bean has been incre...
SAIL enters 100 most-valued Indian firms list
The stock of SAIL increased to a nine year high of Rs 135.60 on the BSE. In the last six weeks, the ...
Special 301 Report: US puts India on Priority Watch list
The United States Trade Representative recently released the Special Report 301. According to the re...
Category: Reports & Indexes Current Affairs
Topics: Bhutan • Business-to-Consumer(B2C) E-commerce Index • China • Finland • Nepal • Netherlands • Pakistan • Postal reliability index • srilanka • Switzerland • UNCTAD • United Nations Conference on Trade and Development • United States of America
|View All E-Books: Recent Release|