The per capita consumer spending on clothing and footwear in Southeast Asia was forecast to continuously increase between 2024 and 2029 by in total 18.7 U.S. dollars (+25.39 percent). After the ninth consecutive increasing year, the fashion-related per capita spending is estimated to reach 92.31 U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case per capita spending concerning clothing and footwear, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP).The shown data adheres broadly to group 03. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the per capita consumer spending on clothing and footwear in countries like Western Asia and Eastern Asia.
Across Asia, Malaysia had the highest internet adoption rate at around 97.7 percent, followed by South Korea. Worldwide, more than 65 percent of the population is using the internet. Compared to the rest of the world, internet penetration in Asia was still lower than the global average in the past few years. Southeast Asia is leading the way Southeast Asia had the highest internet penetration rates. In China, the internet penetration amounted to only around 78 percent. Nevertheless, in terms of head count, the country has the most internet users in the region with about 991 million. Among the ASEAN states, Indonesia and the Philippines had the biggest internet populations. Countries lagging behind South Asian countries such as Afghanistan and Pakistan had low internet penetration rates, mainly due to high internet fees for fixed broadband and mobile networks in these countries. The low literacy rates were also a contributing factor.
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The per capita consumer spending on clothing and footwear in Southeast Asia was forecast to continuously increase between 2024 and 2029 by in total 18.7 U.S. dollars (+25.39 percent). After the ninth consecutive increasing year, the fashion-related per capita spending is estimated to reach 92.31 U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case per capita spending concerning clothing and footwear, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP).The shown data adheres broadly to group 03. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the per capita consumer spending on clothing and footwear in countries like Western Asia and Eastern Asia.