Monday, 23, December, 2024

Uzbekistan jumped 19 places from 118th in 2016 to 99th in the 2018 edition of the World Bank's Logistics Performance Index (LPI) published every two years.

The Logistics Performance Index is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics and what they can do to improve their performance. The LPI 2018 allows for comparisons across 160 countries.

The main criteria for LPI include customs, infrastructure, international shipments, logistics competence, tracking and tracing and timeliness.

The LPI is based on a worldwide survey of operators on the ground (global freight forwarders and express carriers), providing feedback on the logistics “friendliness” of the countries in which they operate and those with which they trade. They combine in-depth knowledge of the countries in which they operate with informed qualitative assessments of other countries where they trade and experience of global logistics environment. Feedback from operators is supplemented with quantitative data on the performance of key components of the logistics chain in the country of work.

Latest in Economy