Middle Class

I was reading some interesting article on the middle class segment growth in the world and the numbers throw up some important elements..


We all have talked about this important segment of the population and most likely all of us probably belong to this segment..In india we talk about further segmentation into upper middle class and lower middle class.


As you see from the above numbers, in the last 25 years the % of middle class has nearly doubled and it currently stands at around 60% of the world population

The below figures indicate that for the first time, middle class population has increased significantly in Asia compared to the West.



The below figure shows how the middle class population is increasing its annual income levels.



So what are the takeaways ?

- Middle class is gaining strength across the world.
- Middle class is also having more money than earlier.
- It can be considered as a very important segment for any business opportunities.