This chart shows the shift in global purchasing power

Apr 29, 2019

Richard Yu, CEO of the Huawei Consumer Business Group unveils the new Huawei P30 and P30 Pro smartphones during a launch event in Paris, France, March 26, 2019. REUTERS/Charles Platiau - RC115D2B97D0

Developing economies are set to see an explosion of purchasing power in the next 10 years. Image: REUTERS/Charles Platiau

Katharina Buchholz

Data Journalist, Statista

The Big Picture

Explore and monitor how Inequality 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:

Inequality

Have you read?

Image: Statista

Don't miss any update on this topic

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

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.

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.

More on Inequality
See all

Huawei: Harnessing digital innovations to bring positive change into people’s lives

Ken Hu

December 1, 2023

1:52

Huawei: Harnessing digital innovations to bring positive change into people’s lives

What is ‘global debt’ - and how high is it now?

Victoria Masterson and Madeleine North

October 2, 2023

3 key actions to help bridge the inequality gap

Amitabh Behar

September 12, 2023

What’s in a name? For the ‘Global South,’ it depends on who you ask

John Letzing

July 31, 2023

47:28

Growth Summit 2023 - What Next for Inequality? - English