Income and Expenditure

Growth in per capita gross income and consumer expenditure in the United Kingdom (UK) will continue to remain subdued, plagued by economic uncertainties surrounding Brexit. A weakening economy and slow wage rises will also fuel the expansion of the ...

Canadian consumers will continue to enjoy a rise in their disposable income and spending levels, although the pace of growth is expected to be slow, on the back of Canada’s modest economic growth. Rising housing costs and high household debt levels ...

Despite some external constraints, stronger exports, government consumption, and minimum wage rises will support growth in Mexico’s consumer income and expenditure in the short and medium term. An ongoing expansion of the middle class will create ...

The Philippines’ per capita gross income and consumer expenditure witnessed strong gains during 2012-2017, on the back of economic growth and strong remittance inflows. Households’ discretionary spending power remains limited, but it is on the rise, ...

The German consumer market continues to provide vast opportunities for businesses, given its large population, a sizeable middle class, and high spending power. Per capita gross income and consumer expenditure are expected to continue to expand in ...

Malaysia’s heathy economy continues to support real gains in per capita consumer income and expenditure. Malaysian consumers will also witness a gradual rise in their discretionary spending power, creating good opportunities for businesses. The ...

Chinese consumers enjoy healthy expansion in their disposable income and expenditure, though the pace of growth is set to slow down on the back of the country’s economic deceleration. A rise in minimum wages helps to slowly narrow the income gap, ...

Australian consumers enjoy high income levels and spending power, although growth has been subdued as a result of Australia’s stagnating economy. Income equality is relatively high and expected to rise gradually, undermining the expansion of the ...

US consumers have one of the highest levels of per capita gross income and consumer expenditure among developed economies, and their discretionary spending power continues to rise gradually. However, the income gap remains high, resulting in market ...

After a contraction during 2015-2016, Brazil’s per capita gross income and consumer expenditure returned to growth in 2017, backed by the country’s economic recovery. Income inequality is improving but remains high in Latin America’s largest consumer...

India’s per capita disposable income and consumer expenditure remain relatively low compared to regional averages, but they are expected to record stable growth in the coming years, backed by public pay hikes and the country’s strong economic growth....

Singaporean consumers have one of the highest income levels and discretionary spending power in Asia Pacific. Growth in per capita gross income and consumer expenditure is expected to pick up in the short term, after slowdowns in 2016 and 2017. The ...

Asia Pacific is the largest and fastest growing region for childrenswear in the world. The large population and a growing middle class underpins good demand for childrenswear in the region. Also, rising income levels, urbanisation and adoption of ...

Morocco stands at the forefront of Northern African countries by its increasing GDP per capita. The country is defined by a large young population, which accounts for about a half of the people in Morocco. The youth provides an efficient labour ...

Although per capita gross income in Qatar remains one of the highest among Middle East and Africa economies, disposable income growth will be subdued in the upcoming years, due to economic uncertainty and on-going fiscal consolidation. Low-paid ...

A burgeoning Pakistani population and rising per capita gross income are set to stimulate consumer market expansion over the coming years. However, consumer expenditure growth is expected to moderate over the long term, due to rising urban-rural ...

Ethiopians are forecast to witness robust growth in their disposable incomes over 2018-2030, driving consumer expenditure growth. Rapid population growth is set to significantly expand the consumer base. However, despite the strong economic momentum ...

Angola remains a promising consumer-goods market in Africa, due to a young and rapidly expanding consumer base. Nevertheless, disposable income growth will remain subdued, while the income gap is set to widen, hindering household consumption. ...

After a prolonged stagnation, consumer market growth in Greece is set to continuously recover, supported by sustainable fiscal policy and an improving labour market. However, the declining number of middle-class households and high income inequality ...

The consumer market in Ghana is forecast to have steadily increasing gross income, while the country’s economy witnesses positive growth due to rising exports. However, relatively rapid population growth makes it a challenge for sustainable economic ...