Retail e-commerce sales CAGR forecast in selected countries from 2016 to 2021

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Compound annual growth rate
Malaysia 23.7%
India 23%
Indonesia 20.7%
Philippines 18.3%
China 17.4%
Vietnam 17.2%
Thailand 16.7%
Mexico 15.7%
South Africa 15%
Romania 14.4%
Argentina 13.9%
Turkey 13.7%
Estonia 12.6%
Serbia 12.3%
Saudi Arabia 12.2%
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About This Statistic

This statistic shows the retail e-commerce sales compound annual growth rate from 2016 to 2021 in leading countries. According to Statista calculations, Malaysia will rank first in terms of B2C e-commerce development with a compound annual growth rate of 23.7 in the projected period. India is ranked second with an e-commerce CAGR of 23 percent, followed by Indonesia and the Philippines.

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