A UN study looking at how easy different countries make it for businesses to facilitate online purchases has ranked Scandinavian countries among the top ten nations in the world.

The report by the United Nations Conference on Trade and Development (UNCTAD) looked at the opportunities and challenges of e-commerce around the world.

Norway came second in a global table, with neighbouring  Finland and Sweden scooping the third and fifth spots. Luxembourg was singled out as a world leader in facilitating online purchases, while Denmark came seventh  out of a total of 130 nations investigated by the UNCTAD.

While the study noted that most of the top global e-commerce companies are from the United States and China, it ranked Scandinavian countries among the top countries in the world for home postal delivery and secure servers, credit card access and internet usage by individuals.

 “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,” the UNCTAD said in statement.

The ranking is included in the international organization’s Information Economy Report 2015 which, in terms of gross merchandise value, lists the top e-commerce sites in the world as the Alibaba Group (China), Amazon (US) and eBay (US).

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