Are Co-ops of Any Significance?
The co-operative movement brings together more than 800 million people around the world. The United Nations estimated in 1994 that the livelihood of nearly 3 billion people, or half of the world’s population, was made secure by co-operative enterprise. These enterprises continue to play significant economic and social roles in their communities.
Co-operatives provide 100 million jobs worldwide, 20 percent more than multinational enterprises.
In 2008, the world’s 300 largest co-operatives alone were responsible for an aggregate turnover of US$1.1 trillion. That is about the size of Canada’s entire economy.
|Country||People in Co-Ops|
|Canada||1 in 3 people|
|Honduras||1 in 3 people|
|Kenya||1 in 5 people|
|Norway||1 in 3 people|
|United Kingdom||9.8 million|
|United States||1 in 4 people|
The United Nations has proclaimed 2012 the Year of Co-operatives.