Retail e-commerce sales CAGR forecast in selected countries from 2019 to 2023
Digital Market Outlook: retail e-commerce sales CAGR in selected markets 2019-2023
This statistic shows the retail e-commerce sales compound annual growth rate from 2019 to 2023 in leading countries. According to Statista calculations, India will rank first in terms of B2C e-commerce development with a compound annual growth rate of 17.8 in the projected period. Online shopping is one of the most popular internet activities worldwide - with some product categories being more popular than others.
Retail e-commerce sales CAGR forecast in selected countries from 2019 to 2023
Compound annual growth rate
India17.8%
Spain11.1%
China11%
Indonesia10.3%
Argentina10.1%
South Africa9.9%
Saudi Arabia9.5%
Global8.9%
Mexico8.6%
United States7.8%
France7.7%
Canada6.8%
Germany6.3%
Australia6.2%
United Kingdom5.7%
Japan4.9%
South Korea4%
Turkey2.9%
Brazil2%
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Digital Market Outlook: retail e-commerce sales CAGR in selected markets 2019-2023
This statistic shows the retail e-commerce sales compound annual growth rate from 2019 to 2023 in leading countries. According to Statista calculations, India will rank first in terms of B2C e-commerce development with a compound annual growth rate of 17.8 in the projected period. Online shopping is one of the most popular internet activities worldwide - with some product categories being more popular than others.
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