Revealed: Best Countries For Investment In E-commerce And Digital Sector, 2020

Anna PapadopoulosStats GateFebruary 10, 2020

The United States has been crowned as the best country in the world to invest in eCommerce and digital sector, that’s according to the CEOWORLD magazine’s Global E-Commerce Investment Confidence Index for 2020. China took silver, followed by Japan (No. 3), the United Kingdom (No. 4), and Germany (No. 5). Ranked number 1 among 128 countries, the U.S. continues to be the world’s most attractive “e-commerce and digital market” for investors and businesspeople.

The rankings had India in sixth place, followed by France, South Korea, Canada, and the United Arab Emirates. Taiwan, Singapore, the Netherlands, Brazil, Russia ranked 11th, 12th, 13th, 14th, and 15th, respectively, among the world’s most attractive “e-commerce and digital market” for investors.

CEOWORLD magazine recently released the 2020 edition of its “Global E-Commerce Investment Confidence Index,” in which it ranks the top 128 countries in the area of eCommerce and digital market attractiveness from an overall investment perspective. To determine the overall list, magazine surveyed over 120,000 CEOs, CFOs, CIOs, CTOs, other senior executives, and business leaders worldwide about 128 different countries and territories, measuring them on 5 different attributes, including market potential; skilled workforce and entrepreneurship; institutional framework and innovation; security and privacy; and Government Policies. Each category was equally weighted.

Hong Kong came in at number 16th and Australia on 17th. The CEOWORLD magazine rating puts Denmark in 18th place, ahead of Switzerland (19th) and Finland (20th). Austria came in 21st place, followed by Norway (22nd), Estonia (23rd), Sweden (24th), and Spain, ranked 25th. Out of 188 best countries for investment in Ecommerce And Digital, New Zealand ranked No. 26th.

The report is aimed at measuring a destination’s performance and the factors that make it attractive to develop business in the e-commerce and digital sector. Syria came bottom, at number 128. The top five attractive “e-commerce and digital market” for investors in 2020, according to the report, are Syria (128th), Zambia, Venezuela, Somalia, and Suriname (124th).

Best Countries For Investment In E-commerce And Digital Sector, 2020

Rank	Country	Market Potential	Skilled Workforce & Entrepreneurship	Institutional Framework And Innovation	Security And Privacy	Government Policies	Total Score
1	United States	78.2	69.79	66.48	99.81	97.04	82.264
2	China	72	68.74	65.48	98.38	96.25	80.17
3	Japan	70.5	67.52	65.36	95.95	95.42	78.95
4	United Kingdom	70.3	67.21	64.85	95.56	95.2	78.624
5	Germany	70.1	66.96	64.63	95.3	95.01	78.4
6	India	69.9	66.3	64.63	95.19	94.95	78.194
7	France	69.8	62.54	64.61	94.98	94.88	77.362
8	South Korea	69.8	61.01	64.59	94.73	94.51	76.928
9	Canada	69.5	60.64	63.89	94.71	94.51	76.65
10	United Arab Emirates	68.3	60.12	63.07	94.54	94.49	76.104
11	Taiwan	68.2	59.46	61.88	94.42	94.25	75.642
12	Singapore	66.9	57	61.73	94.21	93.56	74.68
13	Netherlands	66.8	56.68	60.87	93.9	93.22	74.294
14	Brazil	66.6	55.27	60.8	93.57	93.02	73.852
15	Russia	66	55.22	60.65	93.56	92.44	73.574
16	Hong Kong	65.8	54.38	60.52	93.52	92.17	73.278
17	Australia	65.2	53.5	60.43	93.18	91.98	72.858
18	Denmark	65	53.41	60.14	92.96	91.84	72.67
19	Switzerland	64.2	53.02	59.44	92.86	91.71	72.246
20	Finland	64	52.94	59.39	92.37	91.55	72.05
21	Austria	63.9	52.6	59.27	92	91.26	71.806
22	Norway	63.4	51.77	58.9	91.9	91.25	71.444
23	Estonia	62.6	50.91	58.49	91.85	91.24	71.018
24	Sweden	62.4	50.62	58.22	91.37	91.19	70.76
25	Spain	62.2	50.49	58.07	90.97	90.84	70.514
26	New Zealand	62.1	50.06	58.03	90.82	90.59	70.32
27	Israel	62.1	50.01	57.96	90.8	90.55	70.284
28	Belgium	61.3	49.84	57.53	90.31	90.5	69.896
29	Saudi Arabia	60.7	49.66	57.32	90.3	90.35	69.666
30	Croatia	60.4	48.68	57.19	90.27	89.93	69.294
31	Portugal	60	48.48	56.98	90.16	89.76	69.076
32	Ireland	60	48.33	56.95	89.92	89.55	68.95
33	Czech Republic	59.1	48.21	56.89	89.92	89.05	68.634
34	Cyprus	59.1	47.77	56.79	89.83	88.97	68.492
35	Lithuania	59	47.6	56.68	89.72	88.88	68.376
36	Slovenia	58.7	47.08	56.64	89.51	88.75	68.136
37	Slovakia	58.4	46.88	56.42	89.45	88.54	67.938
38	Iceland	58.4	46.45	56.37	89.34	88.43	67.798
39	Greece	57.9	46.41	56.33	88.89	88.39	67.584
40	Mexico	57.3	46.25	56.22	88.88	88.33	67.396
41	Malaysia	57	46.25	55.92	88.88	88.11	67.232
42	Poland	56.9	46.22	55.45	88.62	88.08	67.054
43	Italy	56.9	46.13	55.42	88.58	88	67.006
44	Latvia	56.7	45.96	55.1	88.57	87.99	66.864
45	Hungary	56.1	45.71	54.98	88.5	87.76	66.61
46	Indonesia	56	45.52	54.94	88.4	87.4	66.452
47	Argentina	55.8	45.19	54.46	88.21	87.39	66.21
48	Turkey	55.5	45.16	54.36	88.19	87.36	66.114
49	Romania	55.4	45.1	54.35	87.73	87.07	65.93
50	Macao	55.2	45.09	54.33	87.7	86.77	65.818
51	Qatar	54.1	44.73	54.29	87.64	86.7	65.492
52	South Africa	53.8	44.62	53.79	87.44	86.61	65.252
53	Bulgaria	53.4	44.6	53.46	87.12	86.42	65
54	North Macedonia	52.7	44.48	53.43	87.07	86.38	64.812
55	Colombia	52.6	44.36	53.23	86.67	86.3	64.632
56	Jordan	52.1	44.34	53.23	86.62	86.21	64.5
57	Lebanon	52	44.06	53.1	86.1	86.18	64.288
58	Belarus	51.6	43.94	53.01	85.9	85.92	64.074
59	Thailand	51.4	43.93	52.97	85.8	85.8	63.98
60	Ukraine	51.3	43.71	52.68	85.72	85.76	63.834
61	Bosnia And Herzegovina	51.2	43.71	52.46	85.54	85.47	63.676
62	Chile	51	43.65	52.46	85.17	85.35	63.526
63	Georgia	51	43.58	51.95	85.08	85.18	63.358
64	Serbia	50.6	43.56	51.74	84.6	84.96	63.092
65	Panama	50.3	43.51	51.69	84.58	84.42	62.9
66	Sri Lanka	49.1	43.43	51.66	84.23	84.32	62.548
67	Philippines	47.3	43.17	51.33	84.22	84.05	62.014
68	Vietnam	47.3	43.02	51.07	84.08	83.89	61.872
69	Kazakhstan	47	42.99	50.75	83.97	83.6	61.662
70	Iran (Islamic Republic of)	46.4	42.97	50.56	83.69	83.53	61.43
71	Egypt	45.2	42.97	50.22	83.49	83.4	61.056
72	Nigeria	44.7	42.76	50.21	83.11	83.16	60.788
73	Morocco	43.4	42.66	50.15	82.97	83.14	60.464
74	Moldova	42	42.39	49.43	82.89	82.77	59.896
75	Bangladesh	41.9	42.36	49.16	82.84	82.51	59.754
76	Bahrain	39.4	42.15	49.11	82.78	82.36	59.16
77	Montenegro	39.3	41.96	48.82	82.75	82.17	59
78	Kuwait	39.2	41.85	48.2	82.72	81.81	58.756
79	Oman	38.79	41.58	48.09	82.56	81.51	58.506
80	Malta	38.56	41.32	47.96	82.38	81.4	58.324
81	Ghana	38.48	41.15	47.85	81.83	81.23	58.108
82	Cambodia	38.28	40.95	47.84	81.63	80.73	57.886
83	Mauritius	38.23	40.82	47.71	81.46	80.64	57.772
84	Kenya	38.22	40.77	47.7	81.4	80.61	57.74
85	Brunei	38.21	40.64	47.64	81.32	80.38	57.638
86	Iraq	38.08	40.63	46.62	81.31	80.3	57.388
87	Bolivia	37.77	40.62	46.55	80.6	79.85	57.078
88	Cuba	37.56	40.44	46.5	80.53	79.8	56.966
89	Costa Rica	37.3	40.3	46.16	79.77	79.78	56.662
90	Albania	36.65	40.28	45.91	78.85	79.32	56.202
91	Peru	36.55	40.28	45.86	77.82	79.01	55.904
92	Paraguay	36	40.22	45.51	77.69	78.99	55.682
93	Algeria	35.61	40.16	45.33	77.59	78.58	55.454
94	Fiji	35.52	40.15	45.2	76.51	78.54	55.184
95	Jamaica	35.39	39.9	44.77	76.29	77.19	54.708
96	Nepal	35.13	39.82	44.55	76.27	76.68	54.49
97	Dominican Republic	34.81	39.64	43.85	75.61	76.27	54.036
98	Uzbekistan	34.78	39.45	43.05	74.62	75.96	53.572
99	Kyrgyzstan	34.74	39.41	41.05	74.16	75.87	53.046
100	Trinidad And Tobago	34.74	39.36	37.82	74.07	75.63	52.324
101	Seychelles	34.35	39.25	36.75	73.58	75.6	51.906
102	Armenia	34.32	39.21	36.54	72.75	74.51	51.466
103	Zimbabwe	34.19	39.19	35.87	72.72	74	51.194
104	Azerbaijan	33.14	39.18	34.98	71.45	73.98	50.546
105	Tunisia	32.41	39.15	34.87	70.74	73.71	50.176
106	Bahamas	32.06	39.1	34.74	68.65	73.52	49.614
107	Barbados	31.67	39.07	34.71	68.27	73.29	49.402
108	Myanmar	31.55	38.93	33.87	67.5	72.54	48.878
109	Ethiopia	31.55	38.87	33.78	67.33	72.03	48.712
110	Belize	31.33	38.82	33.67	67.1	71.59	48.502
111	El Salvador	31.33	38.74	33.61	66.67	71.52	48.374
112	Uruguay	30.18	37.56	32.41	66.21	69.47	47.166
113	Namibia	30.06	37.3	32.06	65.91	69.34	46.934
114	Afghanistan (Islamic Republic of)	29.46	36.65	31.67	65.9	69.33	46.602
115	Guatemala	29.23	36.55	31.55	65.47	68.83	46.326
116	Honduras	28.43	36	31.55	65.25	68.68	45.982
117	Pakistan (Islamic Republic of)	28	35.61	31.33	65.23	67.91	45.616
118	Botswana	27.88	35.52	31.33	65.01	67.5	45.448
119	Kosovo	27.62	35.39	30.18	64.85	66.59	44.926
120	Uganda	26.27	35.13	30.06	64.83	66.32	44.522
121	Nicaragua	26.05	34.81	29.46	64.81	66.25	44.276
122	Tanzania	25.64	34.78	29.23	64.42	66.06	44.026
123	Rwanda	25.33	34.74	28.43	64.34	65.84	43.736
124	Suriname	25.25	34.74	28	63.62	65.44	43.41
125	Somalia	24.68	34.35	27.88	63.5	65.2	43.122
126	Venezuela	23.76	34.32	27.62	63.34	65.18	42.844
127	Zambia	23.41	34.19	26.27	63.28	64.99	42.428
128	Syria	21.88	33.14	26.05	63.06	64.89	41.804

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CEOWORLD magazine - Latest - Stats Gate - Revealed: Best Countries For Investment In E-commerce And Digital Sector, 2020

Anna Papadopoulos

Anna Papadopoulos is a senior money, wealth, and asset management reporter at CEOWORLD magazine, covering consumer issues, investing and financial communities + author of the CEOWORLD magazine newsletter, writing about money with an enthusiasm unknown to mankind. You can follow CEOWORLD magazine on Twitter, Facebook, Instagram, or connect on LinkedIn for musings on money, wealth, asset management, millionaires, and billionaires. Email her at info@ceoworld.biz.

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