Iraq is 10th in the Arab world and 86th globally in electronic and digital commerce

by times news cr

2024-04-08T10:28:01+00:00

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/ Iraq ranked tenth in the Arab countries, and 86th globally, in terms of the ease of doing electronic and digital commerce business, according to the Global Investment Confidence Index for 2024 issued by Ceoworld magazine.

According to the magazine, this report, which was viewed by Agency, ranks the best 128 countries in terms of e-commerce and the attractiveness of the digital market from a comprehensive investment perspective.

To create the list, the magazine surveyed more than 120,000 senior executives and business leaders from around the world in about 128 different countries and regions. The survey measured these countries on five different attributes, including market potential, skilled workforce and entrepreneurship. Institutional framework and innovation, security and privacy, and government policies. Each category was given equal weight in determining the overall ranking.

The index ranked the United States as the best country in the world in terms of ease of doing electronic and digital business, and China came in second place, followed by Japan, the United Kingdom, and Germany.

According to the magazine, the United States’ ranking first among 128 countries makes it the most attractive “digital market” for investors and skilled workforces around the world.

India ranked sixth, while France, South Korea, Canada and the United Arab Emirates occupied the top ten places.

Taiwan, Singapore, the Netherlands, Brazil and Russia ranked 11th to 15th as the most attractive “digital and electronic market” for investors.

The report aims to measure the country’s performance and the factors that make it attractive for business development in the e-commerce and digital commerce sectors.

Syria came at the bottom of the list, ranked 128th, as the report indicated that Syria is ranked (128th), and Zambia, Venezuela, Somalia, and Suriname (124th) are the last five in “e-commerce and digital markets” that are attractive to investors in 2024.

Iraq ranked 86th globally in terms of the ease of doing electronic and digital commerce, with the percentage of its workforce reaching 40.63 points, and the possibility of shopping 83.08 points, while it ranked tenth in the Arab world after the UAE, Saudi Arabia, Jordan, Lebanon, Egypt, Morocco, Bahrain, Kuwait and Oman.

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