Every year the Global Retail Development Index of A.T. Kearney classifies the 30 best developing countries according to their retail investment potential

Peru, Colombia and the Dominican Republic are the three most attractive countries for retail investments in Latin America, according to a global report published today by the international consultancy firm A.T. Kearney.

The Global Retail Development Index (GRDI) of A.T. Kearney, which every year classifies the 30 top developing countries according to their retail investment potential, revealed that Peru is number 9 in the global ranking, and the top country in the region, followed by Colombia (15).

Other Latin American countries included in the 2016 index are Dominican Republic (17), Brazil (20), and Paraguay (25).

Asia-Pacific leads the global ranking, with four countries among the top five: China, India, Malaysia, and Indonesia in the first, second, third and fifth place, respectively.

Kazakhstan is in the 4th place, and, together with Turkey (6) and Azerbaijan (10), completes the group of Eastern Europe and Central Asia countries among the top 10.

The three remaining positions of the top ten are filled by Arab Emirates (7), Saudi Arabia (8) and Peru.

Colombia’s improvement is rather impressive considering that back in 2007 it was number 30, in 2011 N°24 and in 2012 N°23, pointed out the local partner and director of A.T. Kearney, Lisandro Pérez.

Perez considered that “the situation in Colombia invites to have a positive perspective on the future” even though “nowadays the region show signs of instability” and there are “other regions with better performance, such as Asia-Pacific”.

The retail industry in developing countries “is and will be very relevant for their economies” as “during the past 15 years the population in these countries has grown 1.2 times, while revenues have increased 3.5 times, representing over 50% of the revenues’ value on a global level”, claimed A.T. Kearney in a statement. In our region, the retail industry comprehends large employer with strong impact on youth employment.