The following content is sponsored by MSCI.
A Regional Breakdown of Millennials Around the World
Eventually, Baby Boomers will cease to be the most influential generation.
Of course, it’s bound to happen. But this means that the social, political, and economic terrain will be reshaped for the next several decades.
Millennials, defined as those born between 1980 and 1994 (age 27-41 in 2021), are now the largest adult cohort worldwide. They are also the most educated. The big question is, how will this generation influence society?
As millennials get older and gain more earning power, this graphic from MSCI shows the regional breakdown of millennials around the world, and the second-order effects of their rising influence.
Millennials Around the World
Today, there are 1.8 billion millennials around the world, equal to 23% of the global population. Here’s how millennials break down by region:
|Region||Millennials % of Region Population||Number|
*Totals may not add up due to rounding. Source: Analysis based on the 2019 Revision of World Population Prospects, United Nations (2019)
Asia is unmatched when it comes to millennials. Across the region, there are 1.1 billion millennials, or 24% of the region’s population. In China for example, those under 40 own two-thirds of the country’s passports. Millennials and Gen Z are projected to make up 75% of the Association of Southeast Asian Nations (ASEAN) (Read more...)