Digital Financial Investments Still Lacking Popularity: Preferred Investment Products Among ASEAN Citizens

Technology & Telecommunications

Premium

Annissa Mutia 08/12/2022 15:40 WIB

URL has been copied

Memuat...

According to a World Economic Forum survey, 31% of the working population have not invested in any investment products.

ASEAN Population's Financial Product Investments (As of December 2022)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Digital Financial Investments Still Lacking Popularity: Preferred Investment Products Among ASEAN Citizens”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

ASEAN Population's Financial Product Investments (As of December 2022)

Download

Source

A Small Font
A Medium Font
A Bigger Font

Digitalization will continue to play a crucial role in promoting financial inclusion across the ASEAN region. However, digital financial investment products have not been widely adopted by the majority of the population in this region.

According to a World Economic Forum survey, of the working-age population, 31% have not invested in any investment products. Most ASEAN citizens still prefer investing in gold (34%) and stocks (21%).

Meanwhile, only 13% have invested in exchange-traded funds (ETFs)/mutual funds. Similarly, only 13% of ASEAN citizens have invested in non-fungible tokens (NFTs)/cryptocurrencies/other digital assets.

For information, 74% of ASEAN's digital generation have savings, and 84% use electronic payments. However, only 21% of the ASEAN population possesses three advanced financial products: credit, investment, and insurance.

This sixth edition of the World Economic Forum report surveyed 90,000 ASEAN residents, mostly aged 16-35, in six ASEAN countries: Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam. The organization concluded that there are obstacles to the adoption of digital financial products in ASEAN, namely the complex language used in financial service contracts and ambiguous contract terms.

The survey results also revealed concerns about hidden fees when accessing financial services, as well as security and fraud. Then there are difficulties dealing with complex or confusing processes and interfaces for things like digital payments and loan services.

However, the report also notes that digitalization has the potential to help address these issues while increasing financial access for underrepresented groups. The strong digitalization of savings and payment services in the ASEAN region paves the way for reaching more sophisticated digital financial services, such as investment, credit, and insurance.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

Capital: The Main Obstacle for E-Commerce Entrepreneurs in Indonesia

Top Moisturizer Brands on Shopee Indonesia September 2025

E-Commerce Transaction Value in Indonesia Increased by 17% in 2024

Many Southeast Asian Countries Have Very High Disaster Risk

Despite Rising Transactions, Most Indonesian E-Commerce Businesses' Revenue Remains Stagnant in 2024

5 Illegal Cosmetic Products Widely Sold on Indonesian Marketplaces

Latest Data Stories

Today's Weather in Aceh Singkil: Humidity 68-94% Demographics 06/12/2025, 22:36 WIB

Light rain expected in South Tapanuli today. Demographics 06/12/2025, 21:39 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 06/12/2025, 20:20 WIB

South Sumatra Most Polluted in Indonesia Tonight (6/12) Consumer Services & Health 06/12/2025, 19:48 WIB

Which Province Has the Highest Average Monthly Per Capita Expenditure? Market 06/12/2025, 19:30 WIB

Corn Productivity Based on the KSA Area Sample Framework, 2020-2024 Agroindustry 06/12/2025, 18:41 WIB

Download

Source

Digital Financial Investments Still Lacking Popularity: Preferred Investment Products Among ASEAN Citizens

Tags

Related Data

Capital: The Main Obstacle for E-Commerce Entrepreneurs in Indonesia

Top Moisturizer Brands on Shopee Indonesia September 2025

E-Commerce Transaction Value in Indonesia Increased by 17% in 2024

Many Southeast Asian Countries Have Very High Disaster Risk

Despite Rising Transactions, Most Indonesian E-Commerce Businesses' Revenue Remains Stagnant in 2024

5 Illegal Cosmetic Products Widely Sold on Indonesian Marketplaces

Latest Data Stories

Popular Data

Digital Financial Investments Still Lacking Popularity: Preferred Investment Products Among ASEAN Citizens

Tags

Related Data

Capital: The Main Obstacle for E-Commerce Entrepreneurs in Indonesia

Top Moisturizer Brands on Shopee Indonesia September 2025

E-Commerce Transaction Value in Indonesia Increased by 17% in 2024

Many Southeast Asian Countries Have Very High Disaster Risk

Despite Rising Transactions, Most Indonesian E-Commerce Businesses' Revenue Remains Stagnant in 2024

5 Illegal Cosmetic Products Widely Sold on Indonesian Marketplaces

Latest Data Stories

Trending Topics

Popular Data