The 2017 Global Retail Development Index™
Geopolitical instability and the growing power of local and regional competition in emerging markets are forcing global retailers to rethink their strategies.
Rank | Country | Score | Remarks | |
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1 | India | 71.7 |
With a growing middle class and rapidly increasing consumer spending, India overtakes China for the number one spot in this year’s GRDI. |
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2 | China | 70.4 |
China, long the Index leader, drops to second place as the market matures, but the country still leads the pack in other areas, most notably e-commerce. |
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3 | Malaysia | 60.9 |
Malaysia’s long-term prospects are strong, thanks to tourists, higher disposable income, and government investments. |
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4 | Turkey | 59.8 |
Despite serious challenges in the past year, Turkey moves up two places to 4th in this year’s Index. |
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5 |
United Arab Emirates |
59.4 |
The United Arab Emirates remains the most attractive market in the region, as growth opportunities expand beyond saturated Dubai. |
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