Xin Ou
Research expert covering Greater China
Retail market in Czechia - statistics & facts
The retail trade in Czechia has shown consistent growth over the past two decades, reaching a revenue of over 1.5 trillion Czech koruna as of 2023. This upward trend shows the country's expanding consumer market and economic development, despite facing challenges such as the global financial crisis and the pandemic. The sector is dominated by international chains, with Lidl leading the pack. Other major players include Kaufland and the Czech retail chain Albert, each with revenues exceeding 70 billion euros in 2023. Despite growth in overall retail revenue, the average per capita purchasing power remains below the European average.
