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Jordan 67th on Logistics Performance Index
By JT - Jul 01,2016 - Last updated at Jul 01,2016
AMMAN — Jordan was ranked 67th in the latest edition of the “Logistics Performance Index” issued this week by the World Bank Group, ranking 160 countries on their trade logistics performance.
The Logistics Performance Index (LPI) is an "interactive benchmarking tool" 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 2016 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.
For the third time, Germany is the top performer.
Syria ranked lowest.
"Logistics performance both in international trade and domestically is central to countries’ economic growth and competitiveness," said Anabel Gonzalez, senior director for the World Bank Group's Trade and Competitiveness Global Practice.
"Efficient logistics connects people and firms to markets and opportunities, and helps achieve higher levels of productivity and welfare. Unfortunately, the logistics performance gap between rich and poor countries continues and the convergence trend experienced between 2007 and 2014 has reversed for the least performing countries," the report quoted her as saying.
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