Optimism
Future fortunes
Most young people feel the world is getting better over time. How do they rate economic prospects in their own country as their generation prepares for adulthood?
We conducted a survey among 15–24 and 40+ year-olds across 21 countries to explore how childhood is changing.
Read more about the surveyAnswer the question above to learn more about the changing nature of childhood.
Return to the questionOn average, 54% of young people say they think children in their country will be economically better off than their parents when they grow up.
Just 38% answered that children will be worse off than their parents.
Again, young people are more positive than older generations.
On average, people over 40 are more likely to say that today’s children will end up economically worse off than their parents.
The upbeat response from young people is a powerful marker of faith in progress.
Comparing one's living standards to those of one's parents is one of the most important benchmarks people use to assess success in life.
By this measure, young people feel pretty good about the prospects of their generation…
… but not so fast!
This belief in progress among young people is absent from most rich countries.
There, young people are twice as likely to say they expect today's children will end up economically worse off than their parents, versus better off.
Most young people in rich countries have resources and opportunities that are the envy of young people in developing countries.
Yet as they look to their futures, young people in rich countries are weighed down by economic unease.