In 2010, the middle income class accounted for 29 percent of the population in the ASEAN region. This number was forecasted to reach 65 percent by 2030 due to increased urbanization and consequently, rising consumption levels. The middle income segment refers to a daily expenditure of ten to one hundred U.S. dollars.
Share of middle-income class in overall population in the ASEAN region in 2010, with a forecast for 2030
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PwC. (September 10, 2018). Share of middle-income class in overall population in the ASEAN region in 2010, with a forecast for 2030 [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/1044771/asean-share-of-middle-income-class-in-overall-population/
PwC. "Share of middle-income class in overall population in the ASEAN region in 2010, with a forecast for 2030." Chart. September 10, 2018. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/1044771/asean-share-of-middle-income-class-in-overall-population/
PwC. (2018). Share of middle-income class in overall population in the ASEAN region in 2010, with a forecast for 2030. Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/1044771/asean-share-of-middle-income-class-in-overall-population/
PwC. "Share of Middle-income Class in Overall Population in The Asean Region in 2010, with a Forecast for 2030." Statista, Statista Inc., 10 Sep 2018, https://www.statista.com/statistics/1044771/asean-share-of-middle-income-class-in-overall-population/
PwC, Share of middle-income class in overall population in the ASEAN region in 2010, with a forecast for 2030 Statista, https://www.statista.com/statistics/1044771/asean-share-of-middle-income-class-in-overall-population/ (last visited May 11, 2024)
Share of middle-income class in overall population in the ASEAN region in 2010, with a forecast for 2030 [Graph], PwC, September 10, 2018. [Online]. Available: https://www.statista.com/statistics/1044771/asean-share-of-middle-income-class-in-overall-population/