3. South Korea. As one of Asia’s most advanced economies, South Korea boasts a robust and sizable middle class, defined by higher income levels.Households earning between 2,000 and 5,000 won ...

The country’s middle class had shrunk. ... Our data covers 3.7bn people, nearly 80% of Asia, leaving out the rich economies of Japan, Taiwan, South Korea, Hong Kong and Singapore, ...

Since 2004, developing Asia has added close to 200mn households to its middle class, according to research by Oxford Economics (defined as those with disposable income between $20,000 to $70,000 ...

In 2016, the country had the region’s fastest-growing economy, according to the Asian Development Bank, and between 2011 and 2019 Myanmar’s economy grew by an average 6% a year, World Bank ...

The middle class is starting to struggle after decades of growth, but the momentum is still behind rising aspirations. January 6, 2025 at 2:00 PM EST By Karishma Vaswani ...

India is seen as the fastest-growing outbound tourism market, expected to grow at 11 per cent annually. Read more at straitstimes.com. Read more at straitstimes.com.

Indonesia's new President Prabowo Subianto wants to make the country one of the fastest-growing economies in the world. But data shows the country's middle class is shrinking.

Indonesia's middle class group includes people with expenditure ranging from Rp2,040,262 to Rp9,909,844 per capita per month in 2024. ... As reported on Investopedia.com, the middle class emerges as a ...

Asia comprises 49 countries and territories, each with a distinct economic landscape. As the region undergoes rapid development, its expanding middle class is fueling consumer demand and economic ...