Based on data from the *Global Retail Development Index 2017*, Indonesia's retail sales reached US$350 billion, or approximately Rp4.6 quadrillion. This figure is significantly higher than retail sales in other Southeast Asian (ASEAN) countries. However, compared to China and India, Indonesia lags far behind.
Philippine retail sales reached only US$137 billion and Thailand's US$119 billion, both below Indonesia. Meanwhile, China's retail sales reached US$3,128 billion and India's US$1,071 billion. China's enormous population of 1.38 billion is key to the strength of its retail sector.
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