Generation Z's Impact on the Global Economy

The article highlights how Generation Z, born between 1997 and 2012, has become an influential demographic and economic force that surpasses traditional age classifications, representing about 26% of the world's population—roughly two billion people. This generation is expected to lead the labor market, replacing the baby boomers, and to occupy over 6,000 leadership positions. They demonstrate economic resilience and early financial independence, with family support dropping to 34% and 69% of them adapting to inflation through smart shopping and additional work. Additionally, there is a clear trend toward early investment and innovation in digital assets, as 23% of them own cryptocurrencies. Their income is projected to exceed $36 trillion by 2035 and to surpass $74 trillion by 2040, leading to profound shifts in the global economy and reshaping consumption and investment patterns according to the ambitions and capabilities of the new generation.

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