9 in 10 health cooperatives increased their turnover over the last five years

The International Cooperative Alliance and the European Reseach Institute on Cooperatives and Social Economy recently published the sixth edition of the World Cooperative Monitor, a report on the world’s largest cooperative and mutual organisations, the Top 300, and a sectoral analysis, both based on 2015 financial data.

For the first time, the report has a Spanish language edition, due to the contribution of Espriu Foundation.

This year, the Monitor includes rankings using International Dollar, which give an idea of the purchasing power parity of the organisations and facilitate comparisons and avoid currency distortions.

An analysis of the cooperatives’ capital structure is also a new addition, which shows that «large co-operatives and mutuals do not have specific problems raising capital related to the co-operative business model, though smaller co-operatives do have some challenges mostly related to obtaining internal capital and long-term debt.»

The Monitor collected data for 2379 organisations distributed across 61 countries all over the world, while the Top 300 had a turnover of 2,164.23 billion USD.

The sectoral analysis for cooperatives managing health, social or educational services outcomes data for 109 organisations in 10 countries. The Top 10 health cooperatives recorded a turnover of 28.5 billion USD.

The report found out an interesting piece of information. 9 of the top 10 health cooperatives increased their turnover over the last five years with an average increase over that period was 23%. It is a good figure that shows how the role of health cooperatives is increasingly relevant.

Download here the 2017 World Co-operative Monitor Report!