Think about “Demographic dividend” for developing oversea market.
Hello.
Q. Have you ever heard a word, “Demographic dividend”?
A. It is a term, that ratio of workers in the gross population get increase, and facilitate a economic growth.
It says even this state expected to be happen on low economic growth country, the economic will recover in near future. It also says that those countries are prospective place to make new business, expecting to later years big profit.
Which countries are in “Demographic dividend” now?
According to United Nation’s research(World Population Prospects2017), countries listed below are “Demographic dividend” now.
India | 1965~2040 |
Indonesia | 1970~2030 |
Pakistan | 1990~2070 |
Bangladesh | 1975~2030 |
Filipin | 1965~2055 |
Malaysia | 1965~2020 |
Iran | 1990~2035 |
Turkey | 1965~2025 |
Iraq | 1980~2090 |
Saudi Arabia | 1970~2020 |
Nigeria | 1985~2095 |
Ethiopia | 1995~2055 |
Egypt | 1970~2070 |
South Africa | 1965~2045 |
Brazil | 1965~2020 |
Mexico | 1965~2030 |
Reference: 主要国の人口ボーナス期と人口オーナス期のデータ (fromportal.com)
Advanced countries grouped in “G7” are not in the list, that those countries are now in “Population Onus”.(Population Onus=Opposite state of demographic dividend. Population increase effecting economic growth inversely)
As you could see, the countries listed above are not completely developed yet. Those countries still has a possibility of economic growth, and now the labors(growth possibility) are increasing. Seeing past tendency, country growing speedily become a center of world business, that many company start move in on that company to have good affection.
When and where should company move in on the country?
The answer for timing is “now”.
We could see growth for some listed countries, and some of world companies are already prepared for making business at there from years ago. There are still some countries, where not so much companies are focusing to moving in yet, if you are planning to develop your oversea market, those countries are prospective places.
※This item’s opinion is my personal opinion, please take responsible by yourself when you make action.
Even you invest on those country for develop, the timing you gain a profit is unclear.
All you need for oversea development is diligent research, and keep check the world’s trend.
Wishing you make success on market development.
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