Intro

Costco has 890 warehouses (and soon to cross 900) around the world.
While the vast majority of them (almost 700) are in the United States, once you adjust for population, the United States only ranks third for Costcos.
I would never have guessed the two countries that beat it.
Let’s dive right in…
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#14: China

Number of Costcos: 7
2024 population: 1,419,321,278
Per capita Costcos (per million people): 0.01
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#13: France

Number of Costcos: 2
2024 population: 66,548,530
Per capita Costcos (per million people): 0.03
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#12: Spain

Number of Costcos: 4
2024 population: 47,910,526
Per capita Costcos (per million people): 0.08
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#11: Sweden

Number of Costcos: 1
2024 population: 10,606,999
Per capita Costcos (per million people): 0.09
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#10: New Zealand

Number of Costcos: 1
2024 population: 5,213,944
Per capita Costcos (per million people): 0.19
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#9: Japan

Number of Costcos: 35
2024 population: 123,753,041
Per capita Costcos (per million people): 0.28
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#8: Mexico

Number of Costcos: 40
2024 population: 130,861,007
Per capita Costcos (per million people): 0.31
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#7: South Korea

Number of Costcos: 19
2024 population: 51,717,590
Per capita Costcos (per million people): 0.37
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#6: United Kingdom

Number of Costcos: 29
2024 population: 69,138,192
Per capita Costcos (per million people): 0.42
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#5: Australia

Number of Costcos: 15
2024 population: 26,713,205
Per capita Costcos (per million people): 0.56
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#4: Taiwan

Number of Costcos: 14
2024 population: 23,213,962
Per capita Costcos (per million people): 0.60
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#3: United States

Number of Costcos: 614
2024 population: 345,426,571
Per capita Costcos (per million people): 1.78
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#2: Iceland

Number of Costcos: 1
2024 population: 393,396
Per capita Costcos (per million people): 2.54
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#1: Canada

Number of Costcos: 108
2024 population: 39,742,430
Per capita Costcos (per million people): 2.72
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Summary

So as you can see – both Canada and Iceland have more Costcos per capita than the United States!
(Ok, let’s face it, Iceland is a little bit of an odd case since they have one Costco in the whole country – but the point still stands.)
Where should Costco grow next? Sound off in the comments!
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