The poorest half of the world's population holds just around *** percent of the global wealth, this represented a slight increase since 2000. By comparison, the richest percent holds more than ** percent of the global wealth.

Japan's share of global wealth stood at approximately **** percent in 2022, down from around *** percent in 2013. The total wealth held by adults in Japan amounted to approximately ** trillion U.S. dollars in 2022.

The level of global financial assets was expected to increase from ***** trillion U.S. dollars in 2023 to roughly *** trillion U.S. dollars by 2028. The United States is forecast to make up the largest portion of this global wealth, with the Asia-Pacific ranking ******.

The OECD Income Distribution database (IDD) has been developed to benchmark and monitor countries' performance in the field of income inequality and poverty. It contains a number of standardised indicators based on the central concept of "equivalised household disposable income", i.e. the total income received by the households less the current taxes and transfers they pay, adjusted for household size with an equivalence scale. While household income is only one of the factors shaping people's economic well-being, it is also the one for which comparable data for all OECD countries are most common. Income distribution has a long-standing tradition among household-level statistics, with regular data collections going back to the 1980s (and sometimes earlier) in many OECD countries.

Achieving comparability in this field is a challenge, as national practices differ widely in terms of concepts, measures, and statistical sources. In order to maximise international comparability as well as inter-temporal consistency of data, the IDD data collection and compilation process is based on a common set of statistical conventions (e.g. on income concepts and components). The information obtained by the OECD through a network of national data providers, via a standardized questionnaire, is based on national sources that are deemed to be most representative for each country.

Small changes in estimates between years should be treated with caution as they may not be statistically significant.

Fore more details, please refer to: https://www.oecd.org/els/soc/IDD-Metadata.pdf and https://www.oecd.org/social/income-distribution-database.htm

The Wealth Management Platform market has emerged as a vital component within the financial services landscape, catering to the diverse needs of individual investors and wealth managers alike. As financial assets continue to grow, the demand for innovative technology solutions that streamline wealth management proce

The Wealth Management market has emerged as a pivotal segment within the financial services industry, focusing on the needs of high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs). It encompasses a wide array of services, including investment management, financial planning, estate plannin

Billionaires with a net worth over 50 billion U.S. dollars had a combined net worth of nearly two trillion dollars in 2023. Billionaires with a fortune of two to five billion U.S. dollars had the highest combined total wealth, nearly reaching three trillion U.S. dollars. That year, there were 18 persons with a fortune of over 50 billion dollars.

The Wealth Management Tools market has become a crucial segment within the financial services industry, designed to cater to the evolving needs of affluent individuals and institutions seeking to optimize their investment strategies and manage their assets more effectively. As personal finance becomes increasingly c

Global Wealth Management market size is expected to reach $2726.44 billion by 2029 at 6.9%, segmented as by type of asset class, equity, fixed income, alternative assets, other asset class

Colombia CO: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data was reported at -2.590 % in 2021. Colombia CO: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data is updated yearly, averaging -2.590 % from Dec 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of -2.590 % in 2021 and a record low of -2.590 % in 2021. Colombia CO: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: Annualized Average Growth Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Social: Poverty and Inequality. The growth rate in the welfare aggregate of the bottom 40% is computed as the annualized average growth rate in per capita real consumption or income of the bottom 40% of the population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The coverage and quality of the 2017 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2017 exercise of the International Comparison Program. See the Poverty and Inequality Platform for detailed explanations.;World Bank, Global Database of Shared Prosperity (GDSP) (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).;;The comparability of welfare aggregates (consumption or income) for the chosen years T0 and T1 is assessed for every country. If comparability across the two surveys is a major concern for a country, the selection criteria are re-applied to select the next best survey year(s). Annualized growth rates are calculated between the survey years, using a compound growth formula. The survey years defining the period for which growth rates are calculated and the type of welfare aggregate used to calculate the growth rates are noted in the footnotes.

Asset and Wealth Management Market Outlook

The global market size for Asset and Wealth Management was valued at approximately USD 3.2 trillion in 2023 and is projected to reach USD 6.5 trillion by 2032, growing at a CAGR of 8.1% during the forecast period from 2024 to 2032. The growth of this market is primarily driven by the increasing need for sophisticated financial advisory services, rapid technological advancements, and a heightened focus on personalized investment strategies.

A significant growth factor in the Asset and Wealth Management market is the rising global wealth, particularly among high net worth individuals (HNWIs) and institutional investors. As economies worldwide continue to expand, the accumulation of wealth has necessitated advanced asset management solutions. This growth is further fueled by the increasing complexities in financial markets, which require sophisticated portfolio management and advisory services to optimize returns and mitigate risks. Additionally, the trend towards globalization has opened new investment opportunities and diversified portfolios, further driving the market's growth.

Technological advancements have also played a crucial role in the expansion of the Asset and Wealth Management market. The integration of Artificial Intelligence (AI), blockchain, and big data analytics into financial services has revolutionized the way wealth management firms operate. These technologies enhance decision-making processes, provide deep insights through predictive analytics, and ensure higher levels of security and transparency in transactions. As a result, firms are better equipped to offer personalized advice and innovative financial products, catering to the evolving demands of their clientele.

The growing demand for personalized investment strategies is another major growth driver for the Asset and Wealth Management market. Clients are increasingly seeking tailored financial plans that align with their specific goals, risk appetites, and investment horizons. Wealth management firms are responding by offering bespoke financial solutions, including customized portfolio management, estate planning, and tax optimization services. This trend is particularly prevalent among HNWIs and institutional investors who require a more hands-on approach to managing their assets effectively.

Regionally, North America holds a significant share of the Asset and Wealth Management market, primarily due to its mature financial industry, high concentration of wealth, and advanced technological infrastructure. Europe also represents a substantial market, driven by the presence of numerous financial institutions and favorable regulatory frameworks. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by rising wealth in emerging economies like China and India, increasing financial literacy, and a burgeoning middle class. Latin America and the Middle East & Africa are also projected to experience steady growth, albeit at a slower pace, due to economic uncertainties and regulatory challenges.

Investment Management Analysis

Investment management forms a core component of the Asset and Wealth Management market, encompassing activities that help individuals and institutions manage their investment portfolios. This segment includes a wide array of services such as asset allocation, portfolio management, and performance measurement. The demand for investment management services is driven by the need for professional guidance in navigating the complexities of financial markets and achieving optimal returns. With increasing market volatility and the proliferation of financial instruments, clients are seeking expertise to manage their investments strategically.

Technological advancements have significantly impacted the investment management segment. The adoption of AI and machine learning algorithms allows wealth managers to analyze vast amounts of data and generate insights for making informed investment decisions. Robo-advisors, a product of these technologies, have made investment management services more accessible to a broader audience by offering cost-effective and automated portfolio management solutions. These digital platforms cater particularly to younger investors who prefer technology-driven investment options over traditional advisory services.

Another critical trend within investment management is the growing emphasis on Environmental, Social, and Governance (ESG) criteria. Investors are increasingly considering ESG factors as part of their decisio

China Banks' Wealth Management Product: Wealth Index data was reported at 110.640 Jan2016=100 in May 2018. This records an increase from the previous number of 110.220 Jan2016=100 for Apr 2018. China Banks' Wealth Management Product: Wealth Index data is updated monthly, averaging 108.490 Jan2016=100 from Jul 2017 (Median) to May 2018, with 11 observations. The data reached an all-time high of 110.640 Jan2016=100 in May 2018 and a record low of 106.480 Jan2016=100 in Jul 2017. China Banks' Wealth Management Product: Wealth Index data remains active status in CEIC and is reported by Puyi Standard. The data is categorized under China Premium Database’s Financial Market – Table CN.ZAM: Banks' Wealth Management Product: Index Series.

The Wealth Management Advisory market represents a crucial segment of the financial services industry, focused on providing personalized investment advice and financial planning to affluent individuals, families, and institutions. This market serves as a bridge between clients and their financial goals by offering t

The average for 2021 based on 71 countries was 27.53 percent. The highest value was in Colombia: 43.7 percent and the lowest value was in Slovakia: 19.1 percent. The indicator is available from 1963 to 2023. Below is a chart for all countries where data are available.

Brazil BR: Income Share Held by Highest 10% data was reported at 41.000 % in 2022. This records a decrease from the previous number of 41.600 % for 2021. Brazil BR: Income Share Held by Highest 10% data is updated yearly, averaging 44.550 % from Dec 1981 (Median) to 2022, with 38 observations. The data reached an all-time high of 51.100 % in 1989 and a record low of 39.500 % in 2020. Brazil BR: Income Share Held by Highest 10% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Social: Poverty and Inequality. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

By 2030, the middle-class population in Asia-Pacific is expected to increase from **** billion people in 2015 to **** billion people. In comparison, the middle-class population of sub-Saharan Africa is expected to increase from *** million in 2015 to *** million in 2030. Worldwide wealth While the middle-class has been on the rise, there is still a huge disparity in global wealth and income. The United States had the highest number of individuals belonging to the top one percent of wealth holders, and the value of global wealth is only expected to increase over the coming years. Around ** percent of the world’s population had assets valued at less than 10,000 U.S. dollars, while less than *** percent had assets of more than one million U.S. dollars. Asia had the highest percentage of investable assets in the world in 2018, whereas Oceania had the highest percentage of non-investable assets. The middle-class The middle class is the group of people whose income falls in the middle of the scale. China accounted for over half of the global population for middle-class wealth in 2017. In the United States, the debate about the middle class “disappearing” has been a popular topic due to the increase in wealth among the top billionaires in the nation. Due to this, there have been arguments to increase taxes on the rich to help support the middle class.

Sweden SE: Gini Coefficient (GINI Index): World Bank Estimate data was reported at 29.200 % in 2015. This records an increase from the previous number of 28.400 % for 2014. Sweden SE: Gini Coefficient (GINI Index): World Bank Estimate data is updated yearly, averaging 27.600 % from Dec 2003 (Median) to 2015, with 13 observations. The data reached an all-time high of 29.200 % in 2015 and a record low of 25.300 % in 2003. Sweden SE: Gini Coefficient (GINI Index): World Bank Estimate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sweden – Table SE.World Bank.WDI: Poverty. Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

The Wealth Management Digital Service market has emerged as a pivotal segment in the financial services sector, driven by advancements in technology and changing consumer preferences. This market encompasses various digital platforms and tools that enable financial advisors and institutions to manage client portfoli

This brochure drew significantly from a technical publication by Deda et al. (submitted for publication to Natural Resources Forum), the Millennium Ecosystem Assessment report on Island Systems by Wong et al. 2005, the report of the Ad Hoc Technical Expert Group on Island Biodiversity, which met in Tenerife in 2004 and the draft programme of work on island biodiversity adopted by the Subsidiary Body for Scientifc, Technical and Technological Advice (SBSTTA) at its tenth meeting in 2005

Switzerland Income Share Held by Lowest 10% data was reported at 3.200 % in 2015. This stayed constant from the previous number of 3.200 % for 2014. Switzerland Income Share Held by Lowest 10% data is updated yearly, averaging 3.150 % from Dec 2006 (Median) to 2015, with 10 observations. The data reached an all-time high of 3.300 % in 2013 and a record low of 2.900 % in 2007. Switzerland Income Share Held by Lowest 10% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.