Standardised coverage and timely analysis helping you to understa...
Standardised coverage and timely analysis helping you to understand in-depth detail on the income levels and spending habits of consumers around the world.
In 2023, Vietnam ranked 12th among Asia Pacific nations in terms of average gross income, with a 4.1% increase in per capita disposable income. Despite economic challenges, Vietnam showed resilience as it maintained GDP growth, largely due to…
In 2023, Thailand ranked ninth in average gross income among Asia Pacific countries, supported by an unemployment rate below 1% and lower inflation of 1.2%. While the economy somewhat stagnated, government stimulus aided disposable incomes as it…
In 2023, Taiwan ranked fifth in average gross income among Asia Pacific nations, driven by moderate inflation and economic recovery. Despite a 14-year low in GDP growth due to manufacturing and export challenges, private consumption remained robust.…
In 2023, Myanmar had the lowest average gross income in the Asia Pacific region, with economic slowdown and increased taxes contributing to this decline. Despite economic challenges, the country's economy showed resilience, with a projected increase…
In 2023, Sri Lanka saw modest growth as rampant inflation hindered any concentrated economic performance. Per capita disposable income experienced growth of less than 1%. Income inequality remained high, as well as the gender income gap, as men had…
South Korea witnessed a 1% real terms increase in per capita disposable income in 2023, with income growth mirroring economic deceleration in the country. However, the country's labour market remained robust, with the unemployment rate standing low.…
In 2023, the Philippines ranked 13th among Asia Pacific countries in terms of average gross income, and saw a 3.7% rise in per capita disposable income over the year. Growth in incomes was supported by a lower unemployment rate and an increase in…
In 2023, growth in real terms per capita disposable income levels was supported by a decrease in unemployment, lower inflationary pressures and high productivity. Income inequality remained a concern, with a significant wage gap between highly…
In 2023, Pakistan ranked 21st out of 22 Asia Pacific countries in terms of average gross income, with economic deceleration and a decrease in remittance inflows contributing to stagnant disposable income levels growth. During 2023-2028, per capita…
In 2023, Hong Kong led the Asia Pacific region in terms of average gross income, while disposable income per capita recorded relatively strong growth due to a rebounding economy, decreased unemployment and increased labour productivity. However,…