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Catalyzing worker co-ops & the solidarity economy

Largest 300 Co-ops and Mutuals do Over $2T in Business

2019 Results - The world’s top 300 cooperatives and mutuals operate in various economic sectors, but this year’s results show an increased presence of the insurance sector in the Top 300: insurance accounts for 39%; agriculture 31.7%; wholesale and retail trade 17.7%; banking and financial services 7%; industry and utilities 1%; and health, education and social care 1%. There is also new data on employment and cooperative types.

This year’s results show the largest cooperatives performing well, with only slight variations in the top positions across the sectors. In the Top 300 ranking based on turnover Groupe Crédit Agricole and Groupe BPCE, both from France, are in first and second place respectively (no change from last year), and third is the German REWE Group. And in the Top 300 based on the ratio of turnover over gross domestic product (GDP) per capita ranking, two Indian producer cooperatives have reached second and third positions: Gujarat Cooperative Milk Marketing Federation Limited, and IFFCO.

Read the rest at ICA

 

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