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Azerbaijan progresses in global rankings - CAERC chief

Economy Materials 4 August 2021 16:56 (UTC +04:00)
Azerbaijan progresses in global rankings - CAERC chief

BAKU, Azerbaijan, Aug.4

By Sadraddin Aghjayev - Trend:

Azerbaijan improved its positions in global rankings, Executive Director of the Center for Analysis of Economic Reforms and Communications (CAERC), Doctor of Economics, Professor Vusal Gasimli told Trend on Aug.4.

According to Gasimli, in the Doing Business annual research of the World Bank Group, Azerbaijan has climbed from 34th to 28th position. In the Index of Economic Freedom report, the country upgraded from 44th to 38th position. In the global ranking of the Global Cyber-Security Index, Azerbaijan has advanced by 15 positions up to 40th place among 194 countries.

He noted that according to the report on the ‘Assessment of Readiness for Cross-Border Paperless Trade’ prepared by UNESCAP (United Nations Economic and Social Commission for Asia and the Pacific), Azerbaijan took a leading position among neighboring countries and the CIS.

"Our country showed an increase in comparison with 2019 by five percent and took first place. The total indicator made up 86.02 percent," added the executive director.

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Follow the author on Twitter: @ agdzhaev

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