7 December 2017

Jakub Marian: Wealth per adult by country in Europe

Credit Suisse recently published its annual wealth report (data tables here) comparing the wealth (net worth) of adults (as private individuals, i.e. not the wealth of the whole country divided by its population) in different countries.

Credit Suisse defines wealth = financial assets (e.g. bank deposits) + non-financial assets (e.g. real estate) – debt (if assets are less than debt, wealth can be negative). The map below shows estimates of the median wealth per adult by country, which is the middle value (50% own more, 50% own less):[...]

How do other major economies fare? The medians are (in 1000 USD): Japan 124, United States 56, China 6.7, Brazil 4.6, India 1.3.

It should be noted that wealth not synonymous with standard of living, which is better characterized by indicators such as purchasing power index and disposable income (because the cost of living and spending patterns differ from country to country).

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