The economic crisis has not impacted the volume of spam: spam averaged 85.5% of email traffic. Asian and Latin American countries became the main sources of spam, with a shift away from Western European countries, the US and Russia. The number of spam advertising small and medium businesses declined during the reces-sion. The primary target of phishing emails is still PayPal, with eBay ranking second among the most popular targets. India was responsible for a record 10% of spam on the Russian Internet, and an average of 7% over 1H 2009.”]
Source: https://securelist.com/spam-evolution-january-june-2009/36261/