Child Support

Where Most Parents Support Adult Children Financially

Indonesia and the United Arab Emirates are the places where most parents support their adult children financially on a regular basis, according to a report by British bank HSBC. 77 and 79 percent of parents from these countries said they were at least partially funding their grown-up kids’ lives.

Almost half of parents who said they were supporting an adult child said they had been doing so for more than twelve years, according to the survey. Most parents reported supporting their kids with money going towards education (59 percent) and everyday living costs (49 percent). 27 percent of parents even reported helping to pay for holidays.

Parents in the U.S. and the UK are less inclined to pay for their adult kids. Only 26 and 30 percent, respectively, said they were giving grown-up kids money. U.S. and UK parents are therefore more in line with the common notion among parents that adult children should stand on their own two feet. Globally, 61 percent supported this statement.

Description

This chart shows the share of parents who support their adult children financially on a regular basis in selected locations.

Download Chart
Premium statistics
Ad recall among parents watching content with their children in the U.S. 2024
Premium statistics
Share of parents thinking social media should ban ads for kids in Brazil 2024
Share of households with children in Israel 2022 by number of parents
Premium statistics
France: negative impact of screen time on children according to parents 2023
UK: opinion on parents tracking children's location via app 2024
Premium statistics
K-12 teachers' support for parents to opt children out of race/gender topics U.S 2023

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

Statista Content & Design

Need infographics, animated videos, presentations, data research or social media charts?

More Information