The soaring Asian middle class

By Dyfed Loesche

[su_quote]The Asia Pacific is home to nearly half the world’s population, a growing middle class and holds so much opportunity for us all.[/su_quote]
– Barack Obama

The middle class is often said to be under threat.

Well, it depends on from where you look at it. Actually, this class is on the rise worldwide, most notably in Asia. According to research by the Brookings Institute, the numbers for North America and Europe are set to rise too, but at a much slower pace.

This chart shows the number (in millions) and share (in percent) of global middle class by region.

Infographic: The Asian Middle Class on the Rise | Source: Statista

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This article was originally published in Econintersect.

Featured Image Credits: Visual Hunt.