7 Apr 2022
Demographics: From pyramid to beehive
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The number of people on this planet is increasing and the population demographic is changing which presents investment opportunity.
By 2030 the world population will be 8.5 billion of which over 5 billion will be middle class who account for 33% of global economic spending.
The Asia Pacific region will be the biggest contributor to populaiton and economic growth given that it is currently comprises half the global population.
More people means more demand for resources which means Government and business will need to find more food, more water and more energy.
Bottom line, increasing population and changing demographics results in economic growth which is good news for business and investors.
Click for charts.
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