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Ranked: Top 20 Countries by Average vs. Median Wealth 💰

Ranked: Top 20 Countries by Average vs. Median Wealth 💰

What we’re showing

This graphic shows the top 20 countries according to two rankings: average (mean) wealth and median wealth. This data was sourced from the UBS Global Wealth Report 2024

All figures are in 2023 USD.

Average vs Median

Average wealth is the total wealth of a country’s people divided by the size of its population. The downside to this measurement is that it can be skewed by extremely high or low values. 

Median wealth represents the middle value of wealth, when everyone’s wealth is arranged in order. This measurement is not affected by massive outliers (such as the presence of billionaires). 

It is for this reason that the U.S. (which has the most billionaires in the world) has a much higher average wealth compared to median wealth.