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.
2017 GRDI Rankings
With a growing middle class and rapidly increasing consumer spending, India overtakes China for the number one spot in this year’s GRDI.
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.
Malaysia’s long-term prospects are strong, thanks to tourists, higher disposable income, and government investments.
Despite serious challenges in the past year, Turkey moves up two places to 4th in this year’s Index.
United Arab Emirates
The United Arab Emirates remains the most attractive market in the region, as growth opportunities expand beyond saturated Dubai.