May 2024
World prosperity: 4 key data points you need to understand
Prosperity is less prevalent than many assume, but the number of people living well, above $25 a day, keeps rising. By Wolfgang Fengler and Homi Kharas.

Co-Founder & Chief Economist · World Data Lab
Homi Kharas is co-founder of World Data Lab and a senior fellow in the Center for Sustainable Development, housed in the Global Economy and Development program at Brookings. He studies policies and trends influencing developing countries, including aid, the emergence of the middle class, and global governance. He served as lead author and executive secretary of the secretariat supporting the UN High Level Panel on the post-2015 development agenda, and is co-author of "The Rise of the Global Middle Class".
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On the blog
May 2024
Prosperity is less prevalent than many assume, but the number of people living well, above $25 a day, keeps rising. By Wolfgang Fengler and Homi Kharas.
July 2023
The world reached 4 billion consumers in June 2023, with Asia contributing most of the next billion. By Wolfgang Fengler, Homi Kharas, Juan Caballero, and Luis Simoes.
June 2022
Asia's share of the global consumer class passed the halfway mark, with South Asia driving the next decade of growth. By Wolfgang Fengler, Homi Kharas, and Juan Caballero.
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