GITNUX MARKETDATA REPORT 2024
Costco Membership Capacity Statistics
Costco memberships have consistently increased over time, with the company reporting a record number of members in recent years.
In this post, we will explore the fascinating world of Costco memberships and the significant statistics surrounding them. From the sheer number of global members to the revenue generated through membership fees, Costco’s membership model is a key aspect of its success. Let’s delve into the numbers behind Costco’s membership capacity and renewal rates.
Statistic 1
"As of 2021, there are over 111 million Costco members worldwide."
Statistic 2
"In 2021, Costco's membership renewal rate is approximately 91% in the U.S. and Canada."
Statistic 3
"As of 2020, there were 55.3 million Gold Star members at Costco globally."
Statistic 4
"In 2020, the number of executive members at Costco reached approximately 22.6 million."
Statistic 5
"More than 90% of Costco members renew their membership each year."
Statistic 6
"Costco earns almost 75% of its operating income from membership fees."
Statistic 7
"As of Costco's 2020 fiscal year, the company earned $3.54 billion in membership fees alone."
Statistic 8
"In the United States and Canada, Gold Star Memberships make up the majority of Costco memberships, representing 49.3% in 2020."
Statistic 9
"Executive memberships hold the second biggest share at Costco with 41.5% in 2020 in the United States and Canada."
Statistic 10
"Business memberships held the smallest share of memberships at 9.2% in 2020 in the United States and Canada."
Jannik Lindner
Can You Trust Our Report?
The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
