Economic Progress

A global tipping point: Half the world is now middle class or wealthier

Women walk in the financial area of Pudong in Shanghai April 26, 2011. REUTERS/Carlos Barria  (CHINA - Tags: SOCIETY) - GM1E74Q1IVV01

Five people a second are entering the middle class. Image: REUTERS/Carlos Barria

Homi Kharas
Interim Vice President and Director - Global Economy and Development, Brookings Institution, USA
Kristofer Hamel
Chief Operating Officer, World Data Lab
Our Impact
The Big Picture
Explore and monitor how Economic Progress is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Economic Progress

Have you read?
Number of people who are poor, vulnerable, middle class, and rich worldwide.
Number of people who are poor, vulnerable, middle class, and rich worldwide. Image: Projections by World Data Lab
Figures in parenthesis indicate the increase/decrease in the number of people in each category by 2030. Image: Projections by World Data Lab
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Economic ProgressFinancial and Monetary Systems
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Climate economy models not fit for purpose, critics say - and other economy stories to read this week

Rebecca Geldard

November 24, 2023

About Us



Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum