Wealth is the total sum value of monetary assets and valuable material possessions owned by an individual, minus private debt, at a set point in time.

There is a difference between median and mean wealth. Median wealth is the amount that divides the wealth distribution into two equal groups: half the adults have wealth above the median, and the other half below. Mean wealth is the amount obtained by dividing the total aggregate wealth by the number of adults. In nations where wealth is highly concentrated in a small percentage of people, the mean can be much higher than the median.

A Global Wealth Report is published annually by Credit Suisse.[1][2] This article shows the distribution of wealth in Europe.

2021

* indicates "Income in COUNTRY" or "Economy of COUNTRY" links.

Mean wealth per adult in Europe in USD (2021)
Mean and median wealth per adult, in US dollars, Wealth Gini. (2021 publication).[1]
Country or subnational area Mean Median Gini Adults
 Switzerland * European Free Trade Association673,962146,73378.16,958,000
 Luxembourg * European Union477,306259,89967.0498,000
 Netherlands * European Union377,090136,11075.313,462,000
 Denmark * European Union376,069165,62273.64,557,000
 Belgium * European Union351,330230,55060.38,993,000
 Iceland * European Free Trade Association337,787231,46250.9255,000
 Sweden * European Union336,16689,84687.27,794,000
 France * European Union299,355133,55970.049,967,000
 United Kingdom *290,724131,52271.752,568,000
 Austria * European Union290,34891,83374.57,271,000
 Norway * European Free Trade Association275,880117,79878.54,184,000
 Germany * European Union268,68165,37477.968,015,000
 Ireland * European Union266,15099,03080.03,619,000
 Italy * European Union239,244118,88566.549,746,000
 Spain * European Union227,122105,83169.237,798,000
 Finland * European Union167,71173,77574.04,373,000
 Malta * European Union148,93484,39061.7358,000
 Portugal * European Union142,53761,30670.58,339,000
 Cyprus * European Union142,30435,30080.7679,000
 Slovenia * European Union120,17363,96167.11,672,000
 Greece * European Union104,60357,59565.78,462,000
 Czech Republic * European Union78,55923,79477.78,528,000
 Estonia * European Union77,81738,90173.81,044,000
 Latvia * European Union70,45433,88480.91,477,000
 Croatia * European Union69,14034,94568.53,303,000
 Slovakia * European Union68,05945,85350.34,346,000
 Poland * European Union67,47723,55070.730,315,000
 Lithuania * European Union63,50029,67971.02,166,000
 Montenegro *60,31030,73968.4476,000
 Hungary * European Union53,66424,12666.57,708,000
 Romania * European Union50,00923,67570.17,769,000
 Bulgaria * European Union36,44317,40370.15,586,000
 Serbia *31,70514,95470.65,480,000
 Bosnia and Herzegovina *30,59715,28368.62,637,000
 Albania *30,52415,36368.22,187,000
 Turkey *27,4668,00181.857,768,000
 Russia * Eurasian Economic Union27,1625,43187.8111,845,000
 Belarus * Eurasian Economic Union23,27812,16866.77,367,000
 Armenia * Eurasian Economic Union22,5389,44173.02,176,000
 Moldova *15,4917,57769.43,188,000
 Georgia *14,1624,22381.32,959,000
 Ukraine *13,1042,52984.434,639,000
 Azerbaijan *11,9265,02272.77,155,000

For several European countries, Credit Suisse could only provide rough estimates of mean wealth, with no information about the distribution of said wealth, citing poor data quality.[3]

* indicates "Income in COUNTRY or TERRITORY" or "Economy of COUNTRY or TERRITORY" links.

Mean wealth per adult, in US dollars.
(2021 publication).[3]
Country or subnational area Mean
 Monaco *998,694
 Liechtenstein *919,820
 Andorra *273,862
 Greenland *207,714
 San Marino *196,188
 North Macedonia *51,788
 Kosovo *46,087

See also

References

  1. 1 2 "Global Wealth Databook 2021" (PDF). Credit Suisse. Retrieved June 24, 2021. Full data, including mean and median wealth, gini coefficient and number of adults for all countries on pages 115-118.
  2. ↑ "Global Wealth Report 2021". Credit Suisse. Retrieved June 23, 2021.
  3. 1 2 "Global Wealth Databook 2021" (PDF). Credit Suisse. Retrieved June 24, 2021. Page 5 mentions "26 countries for which it is difficult to estimate either the level of household wealth or the distribution of wealth, or both". Pages 21-24 then feature estimates for mean wealth per adult for said countries, with wealth data quality characterized as "poor" or "n.a.".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.