Pakistan Forecast to Become World's 7th Largest Consumer Market By 2030
The World Economic Forum forecasts that Pakistan will rise to become the world's 7th largest consumer market by 2030. Nearly 60 million Pakistanis will join the consumer class (consumers spending more than $11 per day) to raise the country's consumer market rank from 15 to 7 in the next 10 years. WEF forecasts the world's top 10 consumer markets of 2030 to be as follows: China, India, the United States, Indonesia, Russia, Brazil, Pakistan, Japan, Egypt and Mexico. Global investors chasing bigger returns will almost certainly shift more of their attention and money to the biggest movers among the top 10 consumer markets, including Pakistan. Already, the year 2021 has been a banner year for investments in Pakistani technology startups . Consumer Markets in 2030. Source: WEF Here's Brookings Institution overview of the top 5 movers in the next 10 years: 1. Bangladesh (+17 positions), from place 28 to 11; future consumer class: 85 million (+50 millio...