Azerbaijan ranks 65th in online commerce development

Azerbaijan ranked 65th among 152 countries and territories in terms of the development of online commerce, according to the annual report of the United Nations Conference on Trade and Development (UNCTAD) published on Feb. 17 in Geneva, Report informs.

At the same time, Azerbaijan scored 60 points against 61.8 points (in 2019, taking 63rd place). The best assessment in Azerbaijan was given to the indicators of mail reliability (82 points) and Internet users' share (81 points). Azerbaijan scored 29 points in terms of the percentage of residents who have accounts for mobile payments and 49 points regarding the security of Internet servers.

The basis for assessing the level of development of online shopping in countries was the B2C E-commerce Index developed by UNCTAD experts, which, as the report notes, consists of four indicators that are most directly related to online shopping.

These are the proportion of residents with mobile payment accounts, the proportion of Internet users in the population structure, the reliability of mail, and the availability of secure Internet servers. Each indicator was assessed on a 100-point scale, and the arithmetic mean of four indicators made the final index.

Switzerland, which received an index of 95.9 points, ranked first and pushed the Netherlands to the second position. Denmark, Singapore, the UK, Germany, Finland, Ireland, Norway, and Hong Kong are also in the top ten. The US ranked 12th, while China is 55th. Turkey took 57th place in the ranking, while Iran is 44th.

Among the CIS countries, Belarus, which ranked 35th, has the highest index - 78.8 points, and Russia took 41st place with 76.6 points. Georgia ranked 47th, Ukraine ranked 51st, Moldova finished 53rd, Kazakhstan is 60th, Armenia ranked 84th, Kyrgyzstan is 97th, Uzbekistan is 107th, Tajikistan is 121st.

Burundi (8.3 points), Chad (7.1), and Niger (5.6) come at the bottom of the UNCTAD table.