Co-operatives are significant economic factors in national economies

Co-operatives are significant economic factors in national economies

Presented at the 2014 International Co-operative Summit, the third edition of the World Co-operative Monitor revealed that the turnover of the largest 300 co-operatives has grown by 11.6% to reach 2.2 trillion USD in 2012, equivalent to the GDP of Brazil. The overall turnover of the near 2,000 co-operatives in the 65 countries surveyed by the Monitor totals 2.6 trillion.

       In Denmark, consumer co-operatives in 2007 held 36.4% of consumer retail market. Source: Coop Norden AB Annual Report 2007. 

       In Japan, the agricultural co-operatives report outputs of USD 90 billion with 91% of all Japanese farmers in membership. In 2007 consumer co-operatives reported a total turnover of USD 34.048 billion with 5.9% of the food market share. Source: Co-op 2007 Facts & Figures, Japanese Consumers' Co-operative Union.

       In Mauritius, in the agricultural sector, co-operators play an important role in the production of sugar, vegetable, fruit and flower, milk, meat and fish. Nearly 50% of sugar-cane planters are grouped in co-operatives. Source: Ministry of Industry, Small & Medium Enterprises, Commerce & Cooperatives.

       In The Ivory Coast, co-operatives invested USD 26 million into setting up schools, building rural roads and establishing maternal clinics in 2002. Source: ICA, Briefing for NGOs on the Work of the Noncommunicable Diseases and Mental Health Cluster, 2004. 
 

       In New Zealand, 3% of the gross domestic product (GDP) is generated by co-operative enterprise. Co- operatives are responsible for 95% of the dairy market and 95% of the export dairy market. Source: New Zealand Co-operative Association, 2007.

Ssumber : ICA