Photographs: Enny Nuraheni/Reuters
Emerging economies, such as India, are not the only countries witnessing a surge in consumer spending.
Let us take a look at some of the largest consumer markets in the world, according to United Nations Statistics Division.
The countries are sorted by their household final consumption expenditure, which represents consumer spending in nominal terms.
Click NEXT to see where India stands...
Largest consumer markets in the world
Photographs: Vivek Prakash/Reuters
India
HFCE: $737,936 millions
Per cent of GDP: 57
Per cent of world consumer market: 2.12
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Largest consumer markets in the world
Photographs: Brendan McDermid/Reuters
United States
HFCE: $10,026,400 millions
Per cent of GDP: 71
Per cent of world consumer market: 28.90
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Largest consumer markets in the world
Photographs: Stringer/Reuters
2. Japan
HFCE: $2,952,710 millions
Per cent of GDP: 58
Per cent of world consumer market: 8.51
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Largest consumer markets in the world
Photographs: Johannes Eisele/Reuters
3. Germany
HFCE: $1,960,230 millions
Per cent of GDP: 59
Per cent of world consumer market: 5.65
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Largest consumer markets in the world
Photographs: Aly Song/Reuters
4. China
HFCE: $1,835,280 millions
Per cent of GDP: 37
Per cent of world consumer market: 5.29
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Largest consumer markets in the world
Photographs: Charles Platiau/Reuters
5. France
HFCE: $1,545,900 millions
Per cent of GDP: 58
Per cent of world consumer market: 4.45
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Largest consumer markets in the world
Photographs: Finbarr O'Reilly/Reuters
6. The United Kingdom
HFCE: $1,415,350 millions
Per cent of GDP: 65
Per cent of world consumer market: 4.08
Largest consumer markets in the world
Photographs: Max Rossi/Reuters
7. Italy
HFCE: $1,266,270 millions
Per cent of GDP: 60
Per cent of world consumer market: 3.65
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Largest consumer markets in the world
Photographs: Paulo Whitaker/Reuters
9. Brazil
HFCE: $986,498 millions
Per cent of GDP: 63
Per cent of world consumer market: 2.84
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Largest consumer markets in the world
Photographs: Vincent West/Reuters
10. Spain
HFCE: $828,5478 millions
Per cent of GDP: 57
Per cent of world consumer market: 2.38
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Largest consumer markets in the world
Photographs: Mike Cassese/Reuters
11. Canada
HFCE: $786,220 millions
Per cent of GDP: 59
Per cent of world consumer market: 2.26
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Largest consumer markets in the world
Photographs: Sergei Karpukhin/Reuters
12. Russia
HFCE: $671,629 millions
Per cent of GDP: 55
Per cent of world consumer market: 1.93
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Largest consumer markets in the world
Photographs: Andrew Winning/Reuters
12. Mexico
HFCE: $582,0379 millions
Per cent of GDP: 67
Per cent of world consumer market: 1.67
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Largest consumer markets in the world
Photographs: Daniel Munoz/Reuters
13. Australia
HFCE: $564,99379 millions
Per cent of GDP: 56
Per cent of world consumer market: 1.62
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Largest consumer markets in the world
Photographs: Truth Leem/Reuters
14. South Korea
HFCE: $452,182 millions
Per cent of GDP: 54
Per cent of world consumer market: 1.30
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Largest consumer markets in the world
Photographs: Osman Orsal/Reuters
15. Turkey
HFCE: $439,678 millions
Per cent of GDP: 72
Per cent of world consumer market: 1.26
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Largest consumer markets in the world
Photographs: Jerry Lampen/Reuters
16. The Netherlands
HFCE: $364,781millions
Per cent of GDP: 46
Per cent of world consumer market: 1.05
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Largest consumer markets in the world
Photographs: Enny Nuraheni/Reuters
17. Indonesia
HFCE: $316,730 millions
Per cent of GDP: 59
Per cent of world consumer market: 0.91
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Largest consumer markets in the world
Photographs: Arnd Wiegmann/Reuters
18. Switzerland
HFCE: $285,311 millions
Per cent of GDP: 58
Per cent of world consumer market: 0.82
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Largest consumer markets in the world
Photographs: Kacper Pempel/Reuters
19. Poland
HFCE: $263,048 millions
Per cent of GDP: 61
Per cent of world consumer market: 0.75
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