Sri Lanka seven places up in Business-to-Consumer E-commerce Index- 2019

E-commerce Index measures an economy’s preparedness to support online shopping. In 2017, an estimated 1.3 billion people, or one-quarter of the world’s population aged 15 years and older, shopped online. In higher-income countries, more than 80% of Internet users make purchases online but in low and lower-middle-income countries where less than 10% of Internet users make purchases online. Interestingly, All of the top ten developing economies in Index are from Asia, and all of them are upper-middle-income or high-income economies.