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Hand in Hand Around the World

Sunday, December 2, 2018

Global Wealth Report 2018

Global wealth increased by US$ 14 trillion last year – with China ranking second after the USA. Credit Suisse's Global Wealth Report  2018 breaks down the world's wealth and analyses the global outlook. The report is the most comprehensive source of global household wealth information. It analyzes wealth held by 5.0 billion adults across the globe, from the least affluent to the wealthiest individuals. Now in its ninth edition, the report includes a focus on female wealth holdings, in particular on gender differences with males.


The global mean wealth of US$ 63,100 per adult masks considerable variation across countries and regions.

Switzerland (US$ 530,240), Australia (US$ 411,060) and the United States (US$ 403,970) again head the league table according to wealth per adult. The ranking by median wealth per adult favors countries with lower levels of wealth inequality and produces a slightly different table. This year, Australia (US$ 191,450) edged ahead of Switzerland (US$ 183,340) into first place.


Global wealth is projected to rise by nearly 26% over the next five years, reaching USD 399 trillion by 2023. Emerging markets are responsible for a third of the growth, although they account for just 21% of current wealth. 

 

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