Top 10 Countries by Wealth per Person in 2023
In 2023, global wealth rose by 4.2%, driven by stock market rebounds and easing inflation. Europe, the Middle East, and Africa led the growth, while the U.S. lagged behind with a 2.5% increase. Here's a look at the countries with the highest wealth per person, based on data from UBS:
Highest Average Wealth per Adult:
1. Switzerland: $709,612
2. Luxembourg: $607,524
3. Hong Kong: $582,000
4. United States: $564,862
5. Australia: $546,184
Highest Median Wealth per Adult:
1. Luxembourg: $372,258
2. Australia: $261,805
3. Belgium: $256,185
4. Hong Kong: $206,859
5. New Zealand: $202,525
Key Insights:
- Switzerland leads in average wealth, while Luxembourg tops median wealth, reflecting a high concentration of wealth among the population.
- Countries like Belgium and Australia show smaller gaps between average and median wealth, indicating more equitable wealth distribution.
- The U.S. shows significant wealth disparity, with median wealth being much lower than the average.
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