In 2023, the gross median household income for Asian households in the United States stood at 112,800 U.S. dollars. Median household income in the United States, of all racial and ethnic groups, came out to 80,610 U.S. dollars in 2023. Asian and Caucasian (white not Hispanic) households had relatively high median incomes, while the median income of Hispanic, Black, American Indian, and Alaskan Native households all came in lower than the national median. A number of related statistics illustrate further the current state of racial inequality in the United States. Unemployment is highest among Black or African American individuals in the U.S. with 8.6 percent unemployed, according to the Bureau of Labor Statistics in 2021. Hispanic individuals (of any race) were most likely to go without health insurance as of 2021, with 22.8 percent uninsured.

In 2023, about 26.9 percent of Asian private households in the U.S. had an annual income of 200,000 U.S. dollars and more. Comparatively, around 13.9 percent of Black households had an annual income under 15,000 U.S. dollars.

In 2022, ethnic Chinese households had the highest mean monthly household income in Malaysia, at around 10.66 thousand Malaysian ringgit. This was more than three thousand ringgit higher than Bumiputera households. Despite the implementation of affirmative action through Article 153 of the Malaysian constitution, the economic position of the Bumiputera vis-à-vis other ethnicities still left much room for improvement.

Historical policies, ethnicity, and the urban-rural divide The Bumiputera make up the majority of the Malaysian population, yet have one of the lowest average monthly household incomes in Malaysia. This economic disparity could be explained by the effects of colonial policies that kept the Bumiputera largely in the countryside. This resulted in an urban-rural divide that was characterized by ethnicity, with the immigrant Chinese and Indian laborers concentrated in the urban centers, a demographic pattern that is still evident today.

There was a considerable difference in urban and rural household incomes in Malaysia, with urban household income being around 3.6 thousand ringgit more than rural households. This was largely due to the fact that wages in urban areas had to keep up with the higher cost of living there. This thus impacted the average monthly incomes of the largely rural-based Bumiputera and the largely urban-based ethnic Chinese. This visible wealth inequality has led to racial tensions in Malaysia, and it is still one of the problem in the country amidst a new government led by Prime Minister Anwar Ibrahim, who was elected in 2022.

Despite comprising of a smaller share of the U.S. population than African Americans or Hispanics, the most represented non-white U.S. CEOs were of an Asian background. They made up 55 percent of CEO positions at Fortune 500 and S&P 500 companies in 2024. By comparison, 11 percent of CEOs at the time were African American. The rise of environmental, social, and corporate governance (ESG) Investments in ESG have risen dramatically over last few years. In November 2023 there were approximately 480 billion U.S. dollars in ESG ETF assets worldwide, compared to 16 billion U.S. dollars in 2015. ESG measures were put in place to encourage companies to act responsibly, with the leading reason for ESG investing stated to be brand and reputation according to managers and asset owners. Gender diversity With the general acceptance of ESG in larger companies, there has still been a significant employment gap of women working in senior positions. For example, the share of women working as a partner or principal at EY, one of the largest accounting firms in the world, was just only 28 percent in 2023.

In 2021, Canadians who were neither part of a visible minority nor the Indigenous population had an average total income at least 7,600 Canadian dollars higher than these population categories. The visible minorities with the highest average total income that year were people of Chinese, Latin American and Arab origin. Conversely, those with the lowest incomes were other visible minorities and the Native population.

As of July 2024, 70.4 percent of the Malaysian population were classified as Bumiputera, 22.4 percent were classified as ethnic Chinese, and 6.5 percent as ethnic Indians. Those who do not fall under these three main ethnic groups are classified as ‘Other’. Malaysia is a multi-ethnic and multi-religious society with three main ethnicities and language groups. Who are Malaysia’s Bumiputera? Bumiputera, meaning sons of the soil, is a term used to categorize the Malays, as well as the indigenous peoples of Peninsular Malaysia, also known as orang asli, and the indigenous peoples of Sabah and Sarawak. As of July 2023, the Bumiputera share of the population in Sabah was 89 percent, while that in Sarawak was 76.1 percent. Thus, the incorporation of the states of Sabah and Sarawak during the formation of Malaysia ensured that the ethnic Malays were able to maintain a majority share of the Malaysian population. Bumiputera privileges and ethnic-based politics The rights and privileges of the Malays and the natives of Sabah and Sarawak are enshrined in Article 153 of Malaysia’s constitution. This translated, in practice, to a policy of affirmative action to improve the economic situation of this particular group, through the New Economic Policy introduced in 1971. 50 years on, it is questionable whether the policy has achieved its aim. Bumiputeras still lag behind the other ethnic two major groups in terms of monthly household income. However, re-thinking this policy will certainly be met by opposition from those who have benefitted from it.

As of June 2024, there were around 3.09 million ethnic Chinese residents in Singapore. Singapore is a multi-ethnic society, with residents categorized into four main racial groups: Chinese, Malay, Indian, and Others. Each resident is assigned a racial category that follows the paternal side. This categorization would have an impact on both official as well as private matters. Modelling a peaceful, multi-ethnic society The racial categorization used in Singapore stemmed from its colonial past and continues to shape its social policies, from public housing quotas along the ethnic composition in the country to education policies pertaining second language, or ‘mother tongue’, instruction. Despite the emphasis on ethnicity and race, Singapore has managed to maintain a peaceful co-existence among its diverse population. Most Singaporeans across ethnic levels view the level of racial and religious harmony there to be moderately high. The level of acceptance and comfort with having people of other ethnicities in their social lives was also relatively high across the different ethnic groups. Are Singaporeans ready to move away from the CMIO model of ethnic classification? In recent times, however, there has been more open discussion on racism and the relevance of the CMIO (Chinese, Malay, Indian, Others) ethnic model for Singaporean society. The global discourse on racism has brought to attention the latent discrimination felt by the minority ethnic groups in Singapore, such as in the workplace. In 2010, Singapore introduced the option of having a ‘double-barreled’ race classification, reflecting the increasingly diverse and complicated ethnic background of its population. More than a decade later, there have been calls to do away from such racial classifications altogether. However, with social identity and policy deeply entrenched along these lines, it would be a challenge to move beyond race in Singapore.

According to the Hurun Global Rich List 2024, China housed the highest number of billionaires worldwide in 2024. In detail, there were 814 billionaires living in China as of January that year. By comparison, 800 billionaires resided in the United States. India, the United Kingdom, and Germany were also the homes of a significant number of billionaires that year. United States lost its first place As the founder and exporter of consumer capitalism, it is no surprise that the United States is home to a large number of billionaires. However, the United States has lost their place as the country with the most billionaires in the world to China. This rise of billionaires in China has coincided with the liberalization of its economy and successive high growth rates. However, North America still leads the way in terms of the highest number of ultra high net worth individuals – those with a net worth of more than fifty million U.S. dollars. The prominence of Europe and North America is a reflection of the higher degree of economic development in those states. However, this may also change as China and other emerging economies continue developing. Female billionaires Moreover, the small proportion of female billionaires does little to counter critics claiming the global economy is dominated by an elite comprised mainly of men. On the list of the 20 richest people in the world, only one was a woman. Moreover, recent political discourse has put a great amount of attention on the wealth held by the super-rich with the wealth distribution of the global population being heavily unequal.

The majority of immigrants moving to Sweden in 2023 were Swedes returning to Sweden. Nearly 10,600 Swedes returned to their home country in 2023. The remaining top five countries of origin were India, Poland, Germany, and Syria. In total, 95,000 people immigrated to Sweden in 2023.

Syrians largest immigrant group

Of Sweden's foreign-born population, Syrians made up the largest group. Following the outbreak of the Syrian Civil War in 2011, many people left the country in search of a better life in Europe, some of which landed in Sweden. In 2022, Sweden hosted the world's 7th largest group of Syrian refugees.

Immigration drives population increase in Sweden

Over the past decade, Sweden has seen a positive migration rate, with more people immigrating to the country than people leaving. This is one of the main reasons why the country's population has been increasing steadily over recent years.

The largest number of immigrants in Germany were from Ukraine, as of 2023. The top three origin countries were rounded up by Romania and Turkey. Immigrants are defined as having left a country, which may be their home country, to permanently reside in another. Upon arriving, immigrants do not hold the citizenship of the country they move to. Immigration in the EU All three aforementioned countries are members of the European Union, which means their citizens have freedom of movement between EU member states. In practice, this means that citizens of any EU member country may relocate between them to live and work there. Unrestricted by visas or residence permits, the search for university courses, jobs, retirement options, and places to live seems to be defined by an enormous amount of choice. However, even in this freedom of movement scheme, immigration may be hampered by bureaucratic hurdles or financial challenges. Prosperity with a question mark While Germany continues to be an attractive destination for foreigners both in and outside the European Union, as well as asylum applicants, it remains to be seen how current events might influence these patterns, whether the number of immigrants arriving from certain countries will shift. Europe’s largest economy is suffering. Climbing inflation levels in the last few months, as well as remaining difficulties from the ongoing coronavirus (COVID-19) pandemic are affecting global economic development. Ultimately, future immigrants may face the fact of moving from one struggling economy to another.