Value added created by the U.S. retail industry constituted 6.3 percent of the gross domestic product (GDP) of the United States in the fourth quarter of 2023. Over the past four years, the retail industry's contribution to GDP increased by about 0.4 percentage points.

Graph and download economic data for Value Added by Industry: Retail Trade as a Percentage of GDP (VAPGDPR) from Q1 2005 to Q4 2024 about value added, retail trade, private industries, percent, sales, retail, private, industry, GDP, and USA.

Key information about Georgia Retail Sales Growth

• Georgia Retail Sales grew 1.1 % YoY in Dec 2024, compared with a 6.8 % increase in the previous quarter.
• Georgia Retail Sales Growth YoY data is updated quarterly, available from Mar 2010 to Dec 2024, with an average growth rate of 14.6 %.
• The data reached an all-time high of 109.2 % in Dec 2012 and a record low of -14.5 % in Jun 2020.
• In the latest reports, Car Sales of Georgia recorded 3,400.0 units in Dec 2019, representing a drop of 3.4 %.

CEIC calculates quarterly Retail Sales: Excl. Motor Vehicles Growth from quarterly Retail Trade Turnover. The National Statistics Office of Georgia provides Retail Trade Turnover in local currency. Retail Sales: Excl. Motor Vehicles Growth prior to Q1 2018 is based on NACE Rev. 1.1.

The rapid ascent of e-commerce and omnichannel strategies is reshaping consumer engagement and purchasing patterns, driving a wave of transformation across the retail trade sector. As of 2025, the sector is expected to log $7.4 trillion in revenue, although its growth is anticipated to decelerate slightly to 0.4% in the current year. Gen Z and millennials have championed the digital shopping revolution, pushing retailers to prioritize online sales and customer engagement platforms. However, brick-and-mortar stores retain a pivotal role in supporting ongoing customer engagement alongside the online momentum as retailers blend physical and digital experiences. As automation has augmented efficiency across operations, retailers have also strategically diversified product lines and incorporated sustainability into their brands to meet changing consumer expectations. Over the past five years, the retail sector has seen a compound annual growth rate of 2.2%, which underscores the impact of diversified strategies in maintaining momentum. The adoption of automation has produced mixed results. Self-checkout systems, for example, have reduced payroll expenses for businesses while streamlining the customer experience, though several studies have reported that some customer segments dislike self-checkout due to technological glitches and some retailers have struggled with implementation and reported a rise in theft. Major chains like Target have honed their product diversification strategies, transforming their stores into one-stop shops that blend essential goods with discretionary items and healthcare, driving up revenue in multiple categories. Sustainability is another theme of the current period, with the sector’s commitment marked by increased budgets for eco-friendly practices and a growing market for pre-owned goods. Despite high inflation during the period giving way to high interest rates that stayed stagnant for a year before beginning to fall again in September 2024, retailers managed to navigate the challenges of economic fluctuations and keep consumer interest high through diversification. A projected compound annual growth rate of 0.9% for the next five years would set revenue on a steady path toward an expected $7.7 trillion through the end of 2030. Artificial intelligence is set to further revolutionize retail operations, enhancing stock management, logistics and consumer personalization. Augmented and virtual reality technologies will prove integral to engaging the tech-savvy younger generations by offering novel ways to interact with products before purchase. However, global trade tensions and tariffs could challenge profitability as retailers manage higher import costs. Reverse logistics will thrive as consumers’ eco-consciousness continues to grow, turning returns into revenue opportunities and aligning with trends toward sustainable consumption. The sector’s profit is expected to remain steady over the next five years, bolstered by consumers’ willingness to trade up to items that mix luxury and affordability.

Retail Sales in France increased 0.20 percent in May of 2025 over the same month in the previous year. This dataset provides - France Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Slovakia decreased 0.40 percent in April of 2025 over the same month in the previous year. This dataset provides - Slovakia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2020, global retail sales fell by 2.9 percent as a result of the COVID-19 pandemic, bouncing back in 2021 with a growth of 9.7 percent Global retail sales were projected to amount to around 27.3 trillion U.S. dollars by 2022, up from approximately 23.7 trillion U.S. dollars in 2020.

American retailers worldwide
As a result of globalization and various trade agreements between markets and countries, many retailers are capable of doing business on a global scale. Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of such American retailers. The success of U.S. retailers can also be seen through their performance in online retail.

Retail in the U.S.
The domestic retail market in the United States is a lucrative market, in which many companies compete. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers.

In 2023, the retail economy in the United Arab Emirates saw growth in spending in various sectors. These included fashion, entertainment, and other general retail categories. Fashion recorded roughly double the growth of retail and leisure during the same period. Retail, which comprised ** percent of consumer spending, witnessed the second highest growth over the previous year at ** percent. Fashion retail in the UAE In 2023,the total fashion retail sector witnessed a growth of ** percent, driven by fashion and accessories sales. Fashion and accessories have contributed to around two-thirds of the fashion retail sector. On weekends, the fashion sector saw a ** percent increase in consumer spending in the retail economy during the weekend in the country in the previous year. Retail moving online The UAE has a mature online retail market, offering both food and non-food products. In the coming years, online retail is expected to comprise a larger share of total retail sales in the country. The market share of major online retailers in the UAE includes both local and international corporations. Souq.com was one of the biggest players in the country before it was acquired by Amazon in 2017 and subsequently rebranded. Traditional brick-and-mortar stores have all realized the importance of maintaining an online presence.

Retail Sales in Finland decreased 0.20 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Finland Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retail Sales in Montenegro increased 6.60 percent in May of 2025 over the same month in the previous year. This dataset provides - Montenegro Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Argentina increased 66.90 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Argentina Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Mexican retail industry is thriving, driven by a growing middle class, increased urbanization, and rising disposable incomes. With a market size of 94.40 million in 2025, the industry is projected to expand at a robust CAGR of 5.00% through 2033. Key drivers include the proliferation of e-commerce, the expansion of modern retail formats, and the growing popularity of private label brands. The industry is segmented into various product categories, including food and beverage, personal and household care, apparel, furniture, electronics, and automotive products. Distribution channels include hypermarkets, supermarkets, convenience stores, department stores, and specialty stores. Leading players in the market include Soriana SA de CV, FEMSA Comercio SA, Coppel SA de CV, El Puerto de Liverpool, Walmart International, and El Palacio de Hierro. The increasing adoption of omnichannel retailing, the rise of social commerce, and the growing emphasis on sustainability are key trends shaping the future of the Mexican retail industry. Recent developments include: March 2023 - Walmart opened 22 new stores across the state of Nuevo Leon as a part of an investment in the region’s infrastructure. Walmart made the decision during its 12th anniversary in Monterrey., January 2023 - Mexican retail conglomerate FEMSA (Fomento Económico Mexicano) launched Andretti Drive, a new app-enabled drive-thru coffee shop concept, in the northeast Mexican state of Nuevo León. FEMSA is the parent company of the OXXO convenience store chain, which has more than 20,000 outlets across Mexico, Chile, Colombia, and Peru. It also operates the Andatti coffee brand across the region.. Key drivers for this market are: Easy Shopping Experience Drives The Market, Greater Inventory Options Drives The Market. Potential restraints include: Easy Shopping Experience Drives The Market, Greater Inventory Options Drives The Market. Notable trends are: Growth of E-commerce Sector Drives the Market.

Retail Sales in Vietnam increased 10.20 percent in May of 2025 over the same month in the previous year. This dataset provides - Vietnam Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail sales index in Chile, May, 2025 The most recent value is 122.43 index points as of May 2025, an increase compared to the previous value of 120.77 index points. Historically, the average for Chile from January 2005 to May 2025 is 92.73 index points. The minimum of 45.45 index points was recorded in February 2005, while the maximum of 168.61 index points was reached in December 2021. | TheGlobalEconomy.com

Key information about Germany Retail Sales Growth

• Germany Retail Sales dropped 4.4 % YoY in Apr 2023, compared with a 7.7 % decrease in the previous month.
• Germany Retail Sales Growth YoY data is updated monthly, available from Jan 1995 to Apr 2023, with an average growth rate of 0.5 %.
• The data reached an all-time high of 13.6 % in Jan 2022 and a record low of -7.7 % in Mar 2023.
• In the latest reports, Car Sales of Germany recorded 2,963,748.0 units in Dec 2022, representing a drop of 0.3 %.

CEIC calculates monthly Retail Sales: Excl. Motor Vehicles Growth from monthly Retail Trade Index. Deutsche Bundesbank provides Retail Trade Index with base 2015=100.

Graph and download economic data for Retail Sales: Nonstore Retailers (MRTSSM454USS) from Jan 1992 to Apr 2025 about retail trade, sales, retail, and USA.

A detailed dataset exploring the retail industry in 2025, including market size, store counts, revenue trends, AI integration, and consumer behavior across the US and globally.

In 2022, Egypt, Saudi Arabia, and Turkey had the highest retail sales values in the Middle East and North Africa region. Retail sales in Turkey were valued at roughly *********** that of Iran. While Tunisia and Jordan had the lowest retail sales values among MENA countries, they also have considerably smaller populations. State of retail sales Retail sales in the region are consistently growing. In the Gulf Cooperation Council, both retail food sales, and non-food retail sales are forecast to grow in the coming years. A breakdown of the retail market in the MENA region illustrates the fairly diverse distribution of the retail market. Certain industries like entertainment held only a small share of the retail market. However, programs such as Vision 2030 in Saudi Arabia have poured billions of dollars into the sports, entertainment, and film industries to diversify the economy and welcome more foreign visitors. Economies of the region The various countries in the region have significantly different economies and key exports. Saudi Arabia, for example, has the smallest population but is only behind Egypt in its value of retail sales among the five leading countries in the region. Additionally, most of the leading retail brands in the Middle East in 2022 were located in Saudi Arabia. Turkey, on the other hand, is heavily reliant on foreign tourists to sustain its economy, especially as it has been reeling from high levels of inflation in recent years.

Key information about Latvia Retail Sales Growth

• Latvia Retail Sales grew 2.1 % YoY in Jan 2025, compared with a 2.5 % increase in the previous month.
• Latvia Retail Sales Growth YoY data is updated monthly, available from Jan 2001 to Jan 2025, with an average growth rate of 3.6 %.
• The data reached an all-time high of 24.6 % in Oct 2006 and a record low of -28.3 % in Sep 2009.
• In the latest reports, Car Sales of Latvia recorded 19,488.0 units in Dec 2019, representing a growth of 0.8 %.

CEIC calculates monthly Retail Sales: Excl. Motor Vehicles Growth from monthly Real Retail Trade Turnover Index. The Central Statistical Bureau of Latvia provides Real Retail Trade Turnover Index with base 2021=100.

Retail Sales in Serbia increased 5.60 percent in May of 2025 over the same month in the previous year. This dataset provides - Serbia Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.