Business

Egypt advances 11 places in global e-commerce ranking

MENA

Egypt advanced 11 places on the UN e-commerce index, rising from 113th rank in 2018 to 102nd in 2019, the cabinet’s Information and Decision Support Center (IDSC) said Wednesday.

The UNCTAD’s Business-to-Consumer (B2C) E-commerce Index 2019 showed that the Netherlands leads the Index, for the second consecutive year, followed by Switzerland. The only non-European countries on the top 10 list are Singapore (third) and Australia (10th).

The E-commerce Index 2019 scores 152 nations on their readiness for online shopping, worth an estimated 3.9 trillion dollars globally in 2017 (the latest official statistic), up 22% from the previous year.

The UNCTAD index ranks the willingness of 152 countries to engage in online commerce, each country’s access to secure Internet servers, the reliability of postal services and infrastructure, the proportion of their population using the Internet, and the proportion of individuals who have an account with a financial institution or mobile payment service.

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