Retail Sales Index

Europe Ranking

Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Bosnia and Herzegovina	182.5	9-2023	1	187.9
2	Montenegro	175.1	9-2023	2	175.4
3	Romania	169.3	8-2023	3	168.9
4	Poland	154.9	9-2023	4	153.3
5	Serbia	151.3	8-2023	5	151.8
6 ↑	Malta	145.2	8-2023	8	144.2
7 ↓	Bulgaria	144.9	8-2023	6	145.6
8 ↓	Lithuania	143.8	9-2023	7	145.5
9	Cyprus	139.9	8-2023	9	140.1
10 ↑	Slovenia	133	9-2023	11	131.4
11 ↓	Ireland	132.8	9-2023	10	134
12 ↑	Albania	127.1	6-2023	16	119.8
13	Hungary	124.4	8-2023	13	125.2
14	Portugal	124	9-2023	14	124.5
15	France	123.2	9-2023	15	119.9
16 ↑	Estonia	119.7	8-2023	18	119
17 ↓	Macedonia	119.2	7-2023	12	125.8
18 ↓	Latvia	118.9	9-2023	17	119.2
19	Croatia	118.1	9-2023	19	117.3
20	Czech Republic	115.5	8-2023	20	116.6
21	Spain	113.7	9-2023	21	113.6
22	Netherlands	111.8	9-2023	22	112.4
22 ↑	Slovakia	111.8	8-2023	24	110
24 ↓	Germany	110.8	9-2023	23	111.6
25	Finland	109.6	9-2023	25	109.9
26 ↑	Greece	108.8	7-2023	28	105.2
27 ↓	Sweden	107.5	9-2023	26	109.2
28 ↓	Switzerland	107.3	9-2023	27	106.6
29	Denmark	104.5	8-2023	29	102.8
30 ↓	Austria	102.2	8-2023	29	102.8
31	Norway	100	9-2023	31	100.4
32	Belgium	97.8	8-2023	32	99.4
33	United Kingdom	96.7	9-2023	33	97.7
34	Italy	96.6	8-2023	34	97.3
35	Luxembourg	36.4	9-2023	35	37.8

Definition of Retail Sales Index

The retail sales index is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. The retail sales index measures only the volume changes, i.e. price level changes are excluded.