HSBC Investor Event Presentation Deck
S&SEA: fast growing, increasingly affluent and upwardly mobile population
S&SEA Asia is home to some of the fastest
growing economies in the world
With a young, rising middle class
population
Creating opportunity in the region across
wealth and lending
2021 real GDP, $bn¹
India
Australia
Indonesia
1.
Taiwan
Malaysia 389
Philippines 350
Singapore
631
Global Data
345
Vietnam 276
1,548
1,223
x%
Real GDP growth
forecast CAGR
(2021-2026, %)¹
3,003 6.4%
2.3%
4.7%
3.1%
4.6%
5.8%
3.3%
5.9%
5%
27-30 Median age of population in South Asia³
Projected growth in number of middle-
income and affluent households in
Southeast Asia annually through to 2030²
2 in 3
100% wealth >$250k by 2030 in India,
Philippines and Vietnam4
3.
4.
5.
Growth in number of adults with financial
ans to be considered "middle class"
by 20475
2. HSBC Insights "A 3D view of Southeast Asia: demographics, digitisation and
dynamism", 2022
UN ESCAP, 2023
HSBC Insights "The rise of Asia's wealth will boost its resilience", 2022
People Research on India's Consumer Economy, 2022
Wealth AUM (2021-2026e, $tn)6
3.6
6. Global Data
2021
4.2
WPB S&SEA
6%
CAGR
2021
Real household consumption (2021-2026e, $tn)6
5%
CAGR
4.8
2026
5.3
2026
26View entire presentation