Countries With The Highest Average and Median Wealth Per Person 💸

What We're Showing

The top 10 countries by average and median wealth in 2023.

Data comes from the UBS Global Wealth Report 2024 and encompasses 56 markets comprising an estimated 92.2% of total global wealth. Figures are in USD.

Average vs. Median Wealth

Average wealth is a country's total wealth divided by the adult population. These figures can be skewed by extremely high or low values, such as those held by billionaires.

Median wealth is the value that divides a population's total wealth in half, with half of the population having more and half having less. It represents the "middle of the pack."

Key Takeaways

• Luxembourg ranks highly in both average wealth per person ($607.5K) and median wealth ($372.3K). This indicates a relatively balanced wealth distribution, where the typical adult is wealthy, and the wealth is not heavily concentrated among just a few individuals.
• European countries dominate both the top 10 list for average and median wealth per person.
• Both Singapore and the United States have high average wealth per adult, but their comparatively lower median wealth suggests significant wealth inequality. In these countries, wealth is more concentrated among a smaller number of very wealthy individuals, which inflates the average wealth figure.