How the Worldwide LGBTQIA+ Population Index was calculated
Discover all gay, lesbian, bisexual, transgender, and all groups with non-traditional gender and sexual identities, collectively known as the LGBTQIA+ community, and how much they contribute financially to economies worldwide. All ages and groups across the community contribute in some way, from full-time employment to retirement incomes, discovering the significant purchase power amongst the global community.
The LGBTQIA+ Worldwide Dollar Index is based on U.S. dollars and is calculated using the published household consumption expenditure and population estimates used within the Worldwide LGBTQIA+ Population index
Learn how much the global LGBTQIA+ community contributes to the world economy; this simple guide ranks countries by the total spend and features all populated continents and 233 countries worldwide
THE TECHNICAL EXPLANATION
The LGBTQIA+ dollar index uses estimated population information for a given year relating to the LGBTQIA+ community. Then compares the data against a component of the Gross Domestic Product (GDP), known as the Household Consumption Expenditure (HCE). By combining the two data sources, we can forecast the value of the global LGBTQIA+ dollar.
The Gross Domestic Product (GDP) is a measure of all goods and services produced in any given country within a year. The measurement is used to help investors and spectators understand how well a country is performing. The GDP is made up of many components; however, one key indicator is the HCE which relates to the number of goods and services purchased by households within that particular country. The HCE is a good indicator of how much individuals are spending each year and includes food, clothing, cars, rents, personal services etc.
The LGBTQIA+ dollar index is based on U.S Dollars
GDP STATISTICS
The LGBTQIA+ population volumes used in the index are based on several averages that helped us to establish the following conservative estimates against the total population:
The index has been compiled from country-specific information obtained from the United Nations – National Accounts – Analysis of Main Aggregates (AMA)
The LGBTQIA+ dollar index uses estimated population information for a given year relating to the LGBTQIA+ community. Then compares the data against a component of the Gross Domestic Product (GDP), known as the Household Consumption Expenditure (HCE). By combining the two data sources, we can forecast the value of the global LGBTQIA+ dollar.
The Gross Domestic Product (GDP) is a measure of all goods and services produced in any given country within a year. The measurement is used to help investors and spectators understand how well a country is performing. The GDP is made up of many components; however, one key indicator is the HCE which relates to the number of goods and services purchased by households within that particular country. The HCE is a good indicator of how much individuals are spending each year and includes food, clothing, cars, rents, personal services etc.
The LGBTQIA+ dollar index is based on U.S Dollars
GDP STATISTICS
The LGBTQIA+ population volumes used in the index are based on several averages that helped us to establish the following conservative estimates against the total population:
- Lesbian & Gay – 1.3444%
- Bisexual – 1.2889%
- Transgender – 0.0060%
- Total – 2.6393%
The index has been compiled from country-specific information obtained from the United Nations – National Accounts – Analysis of Main Aggregates (AMA)
The LGBTQIA+ Dollar Index is updated annually, typically in the first three months of the year
EXCEPTIONAL AND DIVERSE LGBTQIA+ COMMUNITY
Learn more about the exceptional and diverse global LGBTQIA+ community. Discover interesting facts, join in the fun with interactive games, learn more about the exceptional pioneers and advocates and take pride in all of the sexualities, gender identities and special groups. Discover all things LGBTQIA+ with Gayther today
To understand the LGBTQIA+ dollar for each country, we first need to establish the cost per person; we achieve this by combining the HCE and the population volumes for the same period. For example, in the 2018 LGBTQIA+ dollar index, we combined:
By dividing the HCE against the population volume, we can establish a cost per person.
- 2017 HCE total spend
- 2017 total population volume
By dividing the HCE against the population volume, we can establish a cost per person.
The total cost per person is conservative as it includes everyone, children and adults; however, it provides a reasonable estimate of the total spend per person.
LGBTQIA+ COUNTRY & REGION GUIDES
With countries around the world treating members of the LGBTQIA+ community differently, planning an overseas trip can be challenging. With over 233 country and 435 regional guides, Gayther guides provide you with all the information you need when planning your trip. From LGBTQIA equality to essential travel information, discover Gayther guides today
Now that we have the cost per person, we can establish the total spend within the LGBTQIA+ community; we achieve this by combining:
By multiplying the 2017 cost per person against the LGBTQIA+ population, we can calculate the total spend.
- 2017 cost per person – by country (defined in the previous section)
- 2017 LGBTQIA+ population estimates – by country
By multiplying the 2017 cost per person against the LGBTQIA+ population, we can calculate the total spend.
EXCEPTIONAL PEOPLE MAKING HISTORY
Over the past 50 years, the LGBTQIA+ global community has seen many positive developments, where the rights and protection for community members have greatly improved. The improvements and changes are a direct result of the exceptional individuals who stood up, often at great personal risk, to fight for and promote community rights. Discover more about some of these exceptional individuals today
As the saying goes, money makes the world go around, so like with all ethnic groups, nationalities and communities, LGBTQIA+ individuals contribute to their local country and the global economy. The concept and size of the LGBTQIA+ spend have been around for many years and are often referred to as the Pink Pound or Gay Dollar. The global Pink Pound is significant and combined, in 2019, would be ranked 14 out of 190 counties, ahead of countries such as Mexico ($1.15 trillion) and Indonesia ($1.01 trillion).
Whether in work, retirement, or further education, LGBTQIA+ individuals of all ages contribute financially. From Paying their rent, buying food and clothing, to an annual vacation, all these transactions support a country and the world economy. The more money an individual or group has, the higher the purchase or spending power. The greater the spending power, the more influence that person or group has, especially how they are treated.
Even though there are many professionals in the LGBTQIA+ community, there are disturbing statistics concerning their treatment. It is estimated that over 40% of all homeless young adults and minors identify as LGBTQIA+, either thrown out of their homes or run away because of how they identify. With many youths homeless, some struggle to receive a basic education, affecting the rest of their lives. In some countries, transgender individuals struggle to find work due to society’s lack of acceptance of their identity, forcing some into sex work or low paid employment.
The LGBTQIA+ dollar index is based on U.S Dollars ($). It is compiled using the global population of the community and the Household Consumption Expenditure (HCE) element of the Gross Domestic Product (GDP) for each country worldwide. The HCE is then applied to the population estimates within the LGTBQ+ Population Index to estimate the average spending per person by country, region, and continent.
Whether in work, retirement, or further education, LGBTQIA+ individuals of all ages contribute financially. From Paying their rent, buying food and clothing, to an annual vacation, all these transactions support a country and the world economy. The more money an individual or group has, the higher the purchase or spending power. The greater the spending power, the more influence that person or group has, especially how they are treated.
Even though there are many professionals in the LGBTQIA+ community, there are disturbing statistics concerning their treatment. It is estimated that over 40% of all homeless young adults and minors identify as LGBTQIA+, either thrown out of their homes or run away because of how they identify. With many youths homeless, some struggle to receive a basic education, affecting the rest of their lives. In some countries, transgender individuals struggle to find work due to society’s lack of acceptance of their identity, forcing some into sex work or low paid employment.
The LGBTQIA+ dollar index is based on U.S Dollars ($). It is compiled using the global population of the community and the Household Consumption Expenditure (HCE) element of the Gross Domestic Product (GDP) for each country worldwide. The HCE is then applied to the population estimates within the LGTBQ+ Population Index to estimate the average spending per person by country, region, and continent.
TAKING IN PRIDE IN YOU
Acceptance and coming to terms with a part of what makes you can be challenging for many people. The Gayther pride in series is about celebrating all things relating to sexualities, gender identities and special groups. Showcasing the exceptional people, interesting facts and ways to connect with those unique communities, all designed to help and promote pride in LGBTQIA+ identities
GAYTHER AFFINITY
Gayther Affinity is a private platform for the LGBTQIA+ community and their friends. A space that gives you the freedom to be yourself, helping you communicate with and connect to people similar to yourself from around the world and from all age groups and backgrounds. Get involved with groups discussions, ask questions or quickly search for inclusive business, services, and events near you. Gayther Affinity is committed to safeguarding its users. Through a closed network where user registration is required and enforcing block/report policies and functions to stop online abuse. Signup for your free Affinity account today.
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IMPORTANT DISCLAIMER: The LGBTQIA+ Worldwide dollar index is based on conservative estimates relating to the global community’s size, applied to the total population recorded in 2021. We cannot accurately confirm the actual number of LGBTQIA+ individuals living within any given country. There are no official censuses that focus specifically on sexual orientations or gender identities; therefore, the volumes are based on reasonable estimates. We acknowledge that the actual size may be higher or lower than our estimates in certain countries. The index is a global index and will include countries where identifying as LGBTQIA+ is considered illegal or where the individual is likely to be persecuted. The estimates are applied to the entire world population. The index is for illustration purposes only and is not a census or tool to single out or isolate a proportion of any given country’s population. Though we endeavour to keep all information across the site updated, we do not provide any guarantees to the accuracy and completeness of any information displayed. This page may contain external links to third party websites; Gayther provides these links for your convenience and does not endorse, warrant or recommend any particular products or services. By clicking on any external links, you will leave Gayther and be taken to the third-party website, which you do so at your own risk and by accessing the site, you will be required to comply with the external third party’s terms and conditions of use and privacy policies