Economic Progress

The Philippines' growing middle class is on track to outspend Italy’s by 2030

A woman carries her shopping bags in downtown Hamburg, Germany, January 25, 2018. REUTERS/Fabian Bimmer - RC1F4887D000

"The global middle class is forecast to expand to more than 5 billion by 2030, and most of that growth will take place in Asia." Image: REUTERS/Fabian Bimmer

Johnny Wood
Writer, Forum Agenda
Share:
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

Image: ASEAN Up
Have you read?
Image: Brookings
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 ProgressThe Digital EconomyRetail, Consumer Goods and Lifestyle
Share:
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.

How can workers transition to green jobs?

Clarisa Diaz and Michelle Cheng

September 29, 2023

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum