“Expansion in growth markets attractive for trade”

"The faltering economy in home markets makes it attractive for the retail trade to invest in global growth markets." This is how Mirko Warschun, partner and head of the trade and consumer goods division at A. T. Kearney, summarises the current status of the newly released Global Retail Development Index (GRDI). "China continues to be a particularly attractive target with a retail trade sector which is expected to increase until the year 2024 to an estimated annual overall value of USD 6.6 trillion. But also other major emerging countries such as India and Brazil are developing positively," says Warschun.
For the index, the management consultant company examines 30 selected growth markets on the basis of three criteria: political and economic risks; population of at least five million and a gross domestic product per capita of at least USD 3 000.
In the 2017 edition of the GRDI, India still stood at first place, but has now switched places with China. Malaysia remains at rank three. Newly included in the index and landing straight at fourth place is Ghana. The greatest loss of attractiveness for retail investments was made by Turkey, which has dropped down 18 places to rank 22.