Flourishing middle classes in the emerging world to keep driving reductions in global inequality
Published on Monday, March 2, 2015 | Updated on Monday, March 2, 2015
Flourishing middle classes in the emerging world to keep driving reductions in global inequality
Summary
BBVA projections for world population by GDP per capita: -Middle classes to comprise two-thirds of world population by 2025, doubling the share in 2000 -A low middle class citizen is today’s worldwide median -Emerging economies become predominant in wealthier segments -A dramatic reshaping of global consumer business away from basic products
Geographies
- Geography Tags
- Asia
- Latin America
- Global
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Alicia García-Herrero
Alvaro Ortiz
BBVA Research - Head of Analysis with Big Data
David Martínez