Russia is losing its position in the global retail ranking
02.06.2015 4025

Russia is losing its position in the global retail ranking

Russia has lost more than five positions in the global ranking of retail markets in developing countries.

According to AT Kearney's annual Global Trade Development Index survey, in 2015 Russia ranked 21st. Last year - 12th. Then the biggest jump of 11 points was made among all the countries represented in the top.

Researchers from AT Kearney note that 2014 was a "perfect storm" for the country's economy - oil prices were falling, the ruble was rapidly depreciating, inflation was accelerating, purchasing power was decreasing and stores were closing.

This year, China became the leader of the top. It is followed by Uruguay, Chile, Qatar and Mongolia.

Russia has lost more than five positions in the global ranking of retail markets in developing countries.
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