The European Turnover Index of Non-Food Retail has seen considerable variation across countries as of 2024. Slovenia, Lithuania, and Romania are market leaders, with indices over 20. Estonia and Bulgaria follow closely. Countries like Luxembourg exhibit significant increases despite lower index values.
Year-on-year variations from 2022 show Slovenia and Lithuania experiencing over 14% growth, while nations like Italy and Denmark range below 3%. Luxembourg surprisingly demonstrates robust growth exceeding 8%, indicating potential market revitalization.
Looking forward, watch for digital transformation impacts and sustainable retail trends as key influencers of future index movements, particularly in rapidly advancing markets.
Top countries in Turnover Index of Non-Food Retail by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 232.8 | 2022 | +53.66% | +14.44% | View data |
| 2 | 2 Lithuania | 230.2 | 2022 | +25.18% | +14.16% | View data |
| 3 | 3 Romania | 218.2 | 2022 | +21.97% | +12.13% | View data |
| 4 | 4 Estonia | 194.2 | 2022 | +21.6% | +11.18% | View data |
| 5 | 5 Bulgaria | 189.5 | 2022 | +26.25% | +11.27% | View data |
| 6 | 6 Latvia | 164.3 | 2022 | +24.38% | +8.51% | View data |
| 7 | 7 Croatia | 162.7 | 2022 | +12.21% | +7.19% | View data |
| 8 | 8 Czech Republic | 161.2 | 2022 | +12.26% | +7.12% | View data |
| 9 | 9 Malta | 151.5 | 2022 | +14.51% | +6.48% | View data |
| 10 | 10 Cyprus | 139.5 | 2022 | +14.72% | +4.77% | View data |