Population will be Joining the Global Middle Class in 2024

Photo by Doug Linstedt on Unsplash

Learn about the projected increase in the global middle class population by 2024. Find out which countries are expected to see the highest growth and how it will impact their economies. Explore the opportunities for businesses in the expanding middle-class market.

🇮🇳 India – 33 Million 🇮🇳

India, with its rapidly growing economy and population, is expected to see a significant increase in the number of people joining the global middle class by 2024. It is projected that 33 million individuals in India will transition into the middle class, bringing about positive changes in their quality of life and purchasing power.

🇨🇳 China – 31M 🇨🇳

China, being the world’s most populous country, is also set to witness a substantial rise in the middle-class population. Approximately 31 million Chinese citizens are predicted to join the global middle class by 2024. This growth in the middle class will contribute to China’s economic development and consumer market expansion.

🇮🇩 Indonesia – 5M 🇮🇩

Indonesia, a country known for its diverse culture and natural beauty, is expected to have 5 million individuals entering the global middle class by 2024. This growth will have a positive impact on the country’s economy and provide opportunities for businesses to cater to the needs of the expanding middle-class segment.

🇧🇩 Bangladesh – 5M 🇧🇩

Bangladesh, a country in South Asia, is also projected to witness 5 million people joining the global middle class by 2024. This rise in the middle-class population will drive economic growth and create demand for various goods and services, thus opening up new business prospects.

See also  Population Growth of Countries from 2012-2023

🇻🇳 Vietnam – 4M 🇻🇳

Vietnam, known for its rich history and breathtaking landscapes, is set to have 4 million individuals transitioning into the global middle class by 2024. This growth will contribute to Vietnam’s economic development and provide opportunities for businesses to tap into the expanding middle-class market.

🇵🇰 Pakistan – 3M 🇵🇰

Pakistan, a country located in South Asia, is expected to see 3 million individuals joining the global middle class by 2024. This increase in the middle-class population will lead to economic growth and development, providing new avenues for businesses and investment opportunities.

🇵🇭 Philippines – 2M 🇵🇭

The Philippines, a nation known for its stunning beaches and warm hospitality, is projected to have 2 million individuals entering the global middle class by 2024. This growth will contribute to the country’s economic progress and open up new markets for businesses to cater to the needs of the expanding middle-class segment.

🇹🇷 Turkey – 1M 🇹🇷

Turkey, a country bridging Europe and Asia, is set to witness 1 million individuals joining the global middle class by 2024. This rise in the middle-class population will drive economic development and create opportunities for businesses to cater to the needs and aspirations of the growing middle-class consumers.

🇹🇭 Thailand – 1M 🇹🇭

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