The world’s largest cooperatives are ranked using different metrics: total turnover and turnover relative to the GDP per capita of their home country.
Top 5 Cooperatives by Total Turnover (US Dollars)
These organizations represent the largest cooperatives in terms of sheer financial scale:
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Groupe Crédit Agricole (France): $107.4 billion (Financial services)
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State Farm (USA): $93.79 billion (Insurance and financial services)
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Rewe Group (Germany): $90.81 billion (Retail)
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Groupe BPCE (France): $82.83 billion (Banking)
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Groupe Crédit Mutuel (France): $69.15 billion (Banking)
Top 5 Cooperatives by Turnover relative to GDP per capita
This ranking measures the economic impact of the cooperative in relation to the wealth of its home country:
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Gujarat Cooperative Milk Marketing Federation (Amul) – India
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Indian Farmers Fertilisers Cooperative (Iffco) – India
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Nonghyup (National Agricultural Cooperative Federation) – Republic of Korea
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Copersucar SA – Brazil
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Zen-Noh (National Federation of Agricultural Cooperative Associations) – Japan
Key Sector Trends
The report notes that the largest cooperatives are concentrated in three primary industries:
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Agriculture: Dominates the list, accounting for 35.7% of the top 300.
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Insurance: Accounts for 31.7%.
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Wholesale and Retail Trade: Accounts for 18%.
Overall, the top 300 cooperatives worldwide generated a combined turnover of $2.79 trillion in the 2023 fiscal year.
