Asian Philanthropic Giving Hits $109B, Could Top $1T by 2034
Hong Kong – September 10, 2026 -- Domestic philanthropic giving across participating Asian jurisdictions reached US$109 billion in 2024 and could exceed US$1 trillion within the next decade, according to an Interim Report launched at the Philanthropy for Better Cities (PBC) 2026 forum in Hong Kong.
The report, produced by the Commission on Asian Philanthropy and co-convened by the Institute of Philanthropy (IoP) and the Asian Philanthropy Congress, marks the first comprehensive study of the scale and structure of philanthropic ecosystems across the region. It identifies everyday individual giving, corporate contributions and public investment as the primary drivers, positioning philanthropic capital as a strategic lever for national development.