Did you know there are 14 million co-op members in the UK? That’s equivalent to a fifth of the population. There’s a global movement that all co-operatives across the world are part of. Here’s just a few quick facts…
Quick facts about co-ops
- There are 3 million co-ops around the world – with 1.2 billion members.
- That means 12% of the people on Earth are part of a co-op.
- In the UK, more than 7,000 co-ops contribute over £40bn to the economy
- 14 million people in the UK are members of a co-op
- Co-ops employ 280 million people across the globe – that 10% of the world’s employed population.
- Co-ops are resilient – in the UK, 72% of co-ops survive the first five years of business compared to 43% of companies.
- Co-ops contribute to the production of many high street brands, for example, the wheat used in Warburtons bread comes from UK co-op Openfield.
Being a member of a co-op, I feel I want to do more for the community and society. It’s rewarding using technology to make a difference for good – and I want to keep on doing it.
– Amil Vasishtha, project manager, Outlandish
The Co-op Economy is the nation’s only comprehensive report on the UK’s co‑operative sector. It reveals turnover, membership and employee figures for co‑op businesses across the UK.
Its 175 years since the first commercially successful co-op was founded.
From the outside a co-op may look like any other business – it’s what happens inside that makes them different. All co-ops are based on the same principles and they share a set of values.
Read our handy guide, which explains in simple terms what a co‑op is (and why they're so great).
Content by Co-op Fortnight
Working for Outlandish – a thriving digital agency and worker co-op – and then becoming a member, has made a massive difference to Amil Vasishtha.