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17% of the global population could be considered middle income in 2020. Most people were either low income (51%) or poor (10%).
Numbers, Facts and Trends Shaping Your World
Global Economy & Trade
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Economic Attitudes Improve in Many Nations Even as Pandemic Endures
Despite an uptick in positive views of the economy in some places, many say that children will be worse off financially than their parents.
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The U.S. differs from most other countries in how it sets its minimum wage
Putting minimum wage policy in the hands of lawmakers is one of several ways in which the U.S. approach stands apart from other countries.
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People in U.S., Western Europe differ over what needs more fixing: Their nation’s political or economic system
Here are five key findings about people’s attitudes toward systemic reforms in the U.S., France, Germany and the UK.
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Many in Western Europe and U.S. Want Economic Changes as Pandemic Continues
Most would welcome government-sponsored job training and other interventions.
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In the pandemic, India’s middle class shrinks and poverty spreads while China sees smaller changes
The course of the pandemic in India and China will have a substantial effect on changes in the distribution of income at the global level.
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The Pandemic Stalls Growth in the Global Middle Class, Pushes Poverty Up Sharply
The global middle class consisted of 54 million fewer people in 2020 than the number projected prior to the onset of the pandemic.
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Most Americans Support Tough Stance Toward China on Human Rights, Economic Issues
Fewer adults have confidence in Joe Biden to handle the U.S.-China relationship than other foreign policy issues.
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Negative views of both U.S. and China abound across advanced economies amid COVID-19
Few in 14 advanced countries have confidence in either Xi or Trump, and many are critical of how both countries have handled the coronavirus outbreak.
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Unfavorable Views of China Reach Historic Highs in Many Countries
Across 14 advanced nations, a median of 61% say China has done a bad job in handling the coronavirus outbreak. And at least seven-in-ten in each of these countries have little or no confidence in President Xi Jinping.
