Rabat - Geneva-based United Nations Conference on Trade and Development (UNCTAD) ranked Morocco in the 72nd place in an index that measures countries' capacity to facilitate online commerce.
Rabat – Geneva-based United Nations Conference on Trade and Development (UNCTAD) ranked Morocco in the 72nd place in an index that measures countries’ capacity to facilitate online commerce.
With a score of 44.3/100, Morocco is ranked in the 72nd place out of 130 countries in the UNCTAD ranking which examines the countries’ ability to conduct online transactions.
The UNCTAD’s B2C E-commerce Index for 2014 ranking took into consideration factors such as the use of internet, data-secure servers, the rate of credit cards and home postal delivery.
Globally, Luxembourg is ranked in the first place followed by Norway, Finland, Canada, Sweden, Australia and Denmark.
The ranking is included in the international organization’s information Economy Report 2015 which examines electronic commerce, and shows in detail how information and communications technologies can be harnessed to support economic growth and sustainable development.
“The index allows countries to compare their readiness with others and also indicates their relative strengths and weaknesses in different elements of the e-commerce process, such as the quality of the internet infrastructure and the availability of payment and delivery solutions,” UNCTAD said.
UNCTAD estimates that the global volume of business to consumer B2C transactions is worth around $1.2 trillion a year. Between now and 2018, the domain will be worth an estimated $2.4 trillion a year, UNCTAD added.
