Income and Expenditure

Tanzania’s per capita gross income is set to record steep growth over 2021-2040 yet remain among the lowest globally. As the economic shift from agriculture towards higher-value-added sectors remains slow, the lowest income class is set to record the…

Per capita gross income in Qatar remains among the highest regionally, while the unemployment rate is one of the lowest globally. Due to strong economic growth, gross income levels are set to increase faster than the regional average over 2021-2040.…

Malaysian incomes are set to double by 2040, supported by steady economic growth and near-full employment, with present day post-millennials shaping the development of the local premium goods and services segment. However, rising costs associated…

Bulgarian per capita disposable income is set to almost double over 2021-2040, as wages continue to converge with EU levels. The wealthy and affluent consumer segment is set to more than triple, driving demand for luxury goods in Bulgaria. Generous…

Consumer income is set to increase over 2021-2040, driven by both a rebounding oil sector and the country’s economic diversification efforts. Special Economic Zones are expected to attract investment, while high-value consumption opportunities…

The growth of Turkey’s consumer income is to be facilitated by strong economic development over 2021-2040. Increasing income levels, improving consumer confidence and relatively fast economic recovery after the COVID-19 pandemic are set to support…

Uganda’s consumer income is expected to almost double over 2021-2040 yet remain among the lowest globally. Consumer market development is set to be constrained by persisting inequalities, with discretionary spending remaining subdued due to the…

Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regard to which country (or even which region within a country) to enter, which consumer segment to target, which…

Per capita income levels in Japan are among the highest regionally but are set to witness subdued growth through to 2040. Over the medium term, the consumer market is forecast to recover to pre-pandemic levels, driven by easing COVID-19 restrictions,…

Fast-rising inflation and high housing prices are set to dent purchasing power and discretionary spending capacity of the Irish population in the short to medium term. However, over 2021-2040, consumer incomes and expenditures are forecast to grow,…

Mexican per capita income growth is projected to remain below regional pace over 2021-2040, depressed by the COVID-19 outbreak and subsequent economic downturn. Generation Z will be shaping future discretionary spending, while wealth is expected to…

Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regard to which country (or even which region within a country) to enter, which consumer segment to target, which…

Finland’s consumer income is expected to double by 2040, facilitated by a vibrant labour market and stable economic performance. Purchasing power will be concentrated in present-day Millennials’ hands, yet seniors will be the major spenders on luxury…

Healthy economic development on the back of extensive investments in green transition, digitalisation and innovative industrial activities are set to support consumer income expansion in France over the long term. However, in the near future, soaring…

Per capita income in Colombia is projected to record solid growth pace, following deterioration during the COVID-19 pandemic and the associated economic recession. While the middle class is projected to expand over forecast period, lowest income…

Bangladesh consumer income is set to more than double over the forecast period, as rapid economic growth will stimulate domestic labour market. The highest earners by 2040 will be middle youth, shaping the high-value consumption trends in the future.…

Insight into income, wealth and expenditure of consumers and households is vital in helping businesses make strategic decisions with regard to which country (or even which region within a country) to enter, which consumer segment to target, which…

Consumer income in Portugal will record growth by 2040 supported by economic recovery following the COVID-19 pandemic and expected healthy economic growth. Seniors will remain predominant among the highest income earners, shaping future discretionary…

Stable economic growth and low unemployment are set to support steady expansion in Swiss household incomes over 2021-2040. While discretionary spending patterns will be driven by Mid-Lifers, the elderly population will hold the majority of buying…

Polish consumer income is set on healthy growth though to 2040, benefiting from stable economic forecasts and a strong domestic middle class. The Central Poland region, including Warsaw, is expected to offer most market growth opportunities over the…