In 2023, the European Turnover Index of Retail Not in Stores, Stalls or Markets showed Norway leading with 26.34, followed by the Netherlands and the Czech Republic. Belgium and Germany also stayed competitive, demonstrating solid figures. Over 2022, Norway increased by 16.36%, the Netherlands by 13.54%, and the Czech Republic 13.06%. Belgium and Germany further exhibited growths of 10.1% and 9.49%, respectively, indicating a strong upward trend across the region.
Looking forward, the European retail sector is expected to continue its upward trajectory as technological advancements, e-commerce growth, and evolving consumer preferences diversify shopping experiences, particularly in online and non-traditional shopping formats.
Top countries in Turnover Index of Retail Not in Stores, Stalls or Markets by Country
| # | 9 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 263.4 | 2022 | +2.89% | +16.36% | View data |
| 2 | 2 Netherlands | 253.8 | 2022 | 0% | +13.54% | View data |
| 3 | 3 Czech Republic | 247.9 | 2022 | -0.52% | +13.06% | View data |
| 4 | 4 Belgium | 193.2 | 2022 | +5.46% | +10.1% | View data |
| 5 | 5 Germany | 189.3 | 2022 | -0.26% | +9.49% | View data |
| 6 | 6 Sweden | 180.3 | 2022 | -0.66% | +7.33% | View data |
| 7 | 7 Denmark | 178.3 | 2022 | -7.76% | +9.02% | View data |
| 8 | 8 France | 178.2 | 2022 | 0% | +7.52% | View data |
| 9 | 9 Italy | 170.2 | 2022 | +3.09% | +10.72% | View data |
