Retail Sales Index

Africa Ranking

Source: IMF
Current Rank
Country
Value
Latest Reading
Previous Rank
Previous Value
1Guinea-Bissau3296-20231323.8
2Mozambique195.63-20232203.9
3Ivory Coast191.56-20233193.8
4Mali190.36-20234184.9
5Senegal166.56-20236172.7
6Niger163.46-20235174.8
7Togo151.56-20237151.8
8Burkina Faso127.76-20238134.1
9Benin102.26-20239110.6

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.

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