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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 ...
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 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, ...
With three of the world’s five most populous countries — India, China, and Indonesia — Asia is expected to have 3.5 billion people in its middle class by 2030, representing two-thirds of the ...
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.
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 ...