In 2023, Switzerland led the ranking of countries with the highest average wealth per adult, with approximately ******* U.S. dollars per person. Luxembourg was ranked second with an average wealth of around ******* U.S. dollars per adult, followed by Hong Kong SAR. However, the figures do not show the actual distribution of wealth. The Gini index shows wealth disparities in countries worldwide. Does wealth guarantee a longer life? As the old adage goes, “money can’t buy you happiness”, yet wealth and income are continuously correlated to the quality of life of individuals in different countries around the world. While greater levels of wealth may not guarantee a higher quality of life, it certainly increases an individual’s chances of having a longer one. Although they do not show the whole picture, life expectancy at birth is higher in the wealthier world regions. Does money bring happiness? A number of the world’s happiest nations also feature in the list of those countries for which average income was highest. Finland, however, which was the happiest country worldwide in 2022, is missing from the list of the top twenty countries with the highest wealth per adult. As such, the explanation for this may be the fact that the larger proportion of the population has access to a high income relative to global levels. Measures of quality of life Criticism of the use of income or wealth as a proxy for quality of life led to the creation of the United Nations’ Human Development Index. Although income is included within the index, it also has other factors taken into account, such as health and education. As such, the countries with the highest human development index can be correlated to those with the highest income levels. That said, none of the above measures seek to assess the physical and mental environmental impact of a high quality of life sourced through high incomes. The happy planet index demonstrates that the inclusion of experienced well-being and ecological footprint in place of income and other proxies for quality of life results in many of the world’s materially poorer nations being included in the happiest.

The United States was the country in the world with the highest net financial assets per capita as of 2023, with around ******* euros. Switzerland, Denmark, and the Singapore followed.

In Europe, the variation in average amounts of financial wealth per adult varied considerably as of 2022, from approximately ******* U.S. dollars in Switzerland to roughly ***** U.S. dollars in Azerbaijan. In Europe, the overall average financial wealth per adult as of 2022 was ****** U.S. dollars. In terms of private wealth, Europe held the second highest value in the world, after North America. What is financial wealth? Financial wealth, also known as financial assets or liquid assets can include wealth that an individual has in the forms of cash, stocks, bonds, mutual funds, and bank deposits. In addition to financial wealth, wealth can also be measured in other assets, called non-financial wealth. This includes physical assets, such as real estate, land, vehicles, jewelry, and art, just to name a few. Where do most wealthy individuals live? Individuals with a net worth over *********** U.S. dollars are called high-net worth individuals (HNWI). The United States was the home country to the highest number of HNWIs in 2021. China followed, although their number of HNWIs did not even reach ********* of the number in the United States. In Europe, Switzerland is the country with the highest average financial wealth per adult, but with its small population size, the number of HNWIs does not come near the numbers in the United Kingdom, Germany, France, and Italy – the European countries with the highest number of HNWIs. Considering Switzerland’s small population size, however, it is the country in the world with the highest proportion of millionaires.

Mauritius concentrated the highest private wealth per capita in Africa in 2021: 34,500 U.S. dollars. South Africa followed, with a wealth amount of 10,970 U.S. dollars per capital. Overall, total private wealth on the continent amounted to 2.1 trillion U.S. dollars that year.

Denmark ranked third, having net assets of ******* euros per capita. Switzerland held the second spot globally having roughly, ******* euros. The United States, similarly to having ranked in the top spot globally for total financial net assets, rounded out the top stop with ******* euros per capita.

Historical chart and dataset showing World GDP per capita by year from 1960 to 2023.

Net Income per Capita: Rural Household: Fujian data was reported at 11,184.152 RMB in 2013. This records an increase from the previous number of 9,967.170 RMB for 2012. Net Income per Capita: Rural Household: Fujian data is updated yearly, averaging 3,018.880 RMB from Dec 1980 (Median) to 2013, with 30 observations. The data reached an all-time high of 11,184.152 RMB in 2013 and a record low of 171.700 RMB in 1980. Net Income per Capita: Rural Household: Fujian data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Net Income per Capita: Rural.

Net Income per Capita: Rural Household: Hainan data was reported at 8,342.566 RMB in 2013. This records an increase from the previous number of 7,408.003 RMB for 2012. Net Income per Capita: Rural Household: Hainan data is updated yearly, averaging 2,204.365 RMB from Dec 1988 (Median) to 2013, with 26 observations. The data reached an all-time high of 8,342.566 RMB in 2013 and a record low of 566.600 RMB in 1988. Net Income per Capita: Rural Household: Hainan data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Net Income per Capita: Rural.

The per capita financial net worth of households in Switzerland grew overall since 2000, reaching a value of more than ******* U.S. dollars in 2023. Switzerland is also the country with the highest gross financial assets per capita in the world.

The country in the world with the highest gross financial assets per capita in 2023 was Switzerland, with a value of around 382,910 euros. The United States followed, with the second-highest gross financial assets per capita, with a value of around 314,930 euros. The United States was the country with the highest net financial assets per capita that year, while Switzerland ranked second.

Key information about Russia Household Income per Capita

• Russia Annual Household Income per Capita reached 8,179.123 USD in Dec 2024, compared with the previous value of 7,549.747 USD in Dec 2023.
• Russia Annual Household Income per Capita data is updated yearly, available from Dec 1992 to Dec 2024, with an averaged value of 5,882.623 USD.
• The data reached an all-time high of 9,660.697 USD in Dec 2013 and a record low of 183.584 USD in Dec 1992.
• In the latest reports, Retail Sales of Russia grew 5.200 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. Federal State Statistics Service provides Average Household Income per Capita in local currency. The Bank of Russia average market exchange rate is used for currency conversions.

Czech Republic Household Income: by Head Status (HS): per Capita Avg: Net data was reported at 259,850.000 CZK in 2023. This records an increase from the previous number of 241,160.000 CZK for 2022. Czech Republic Household Income: by Head Status (HS): per Capita Avg: Net data is updated yearly, averaging 150,488.000 CZK from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 259,850.000 CZK in 2023 and a record low of 90,166.821 CZK in 2001. Czech Republic Household Income: by Head Status (HS): per Capita Avg: Net data remains active status in CEIC and is reported by Czech Statistical Office. The data is categorized under Global Database’s Czech Republic – Table CZ.H015: Household Income and Expenditure: per Capita Average.

Goal 10Reduce inequality within and among countriesTarget 10.1: By 2030, progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national averageIndicator 10.1.1: Growth rates of household expenditure or income per capita among the bottom 40 per cent of the population and the total populationSI_HEI_TOTL: Growth rates of household expenditure or income per capita (%)Target 10.2: By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other statusIndicator 10.2.1: Proportion of people living below 50 per cent of median income, by sex, age and persons with disabilitiesSI_POV_50MI: Proportion of people living below 50 percent of median income (%)Target 10.3: Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regardIndicator 10.3.1: Proportion of population reporting having personally felt discriminated against or harassed in the previous 12 months on the basis of a ground of discrimination prohibited under international human rights lawVC_VOV_GDSD: Proportion of population reporting having felt discriminated against, by grounds of discrimination, sex and disability (%)Target 10.4: Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equalityIndicator 10.4.1: Labour share of GDPSL_EMP_GTOTL: Labour share of GDP (%)Indicator 10.4.2: Redistributive impact of fiscal policySI_DST_FISP: Redistributive impact of fiscal policy, Gini index (%)Target 10.5: Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulationsIndicator 10.5.1: Financial Soundness IndicatorsFI_FSI_FSANL: Non-performing loans to total gross loans (%)FI_FSI_FSERA: Return on assets (%)FI_FSI_FSKA: Regulatory capital to assets (%)FI_FSI_FSKNL: Non-performing loans net of provisions to capital (%)FI_FSI_FSKRTC: Regulatory Tier 1 capital to risk-weighted assets (%)FI_FSI_FSLS: Liquid assets to short term liabilities (%)FI_FSI_FSSNO: Net open position in foreign exchange to capital (%)Target 10.6: Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions in order to deliver more effective, credible, accountable and legitimate institutionsIndicator 10.6.1: Proportion of members and voting rights of developing countries in international organizationsSG_INT_MBRDEV: Proportion of members of developing countries in international organizations, by organization (%)SG_INT_VRTDEV: Proportion of voting rights of developing countries in international organizations, by organization (%)Target 10.7: Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policiesIndicator 10.7.1: Recruitment cost borne by employee as a proportion of monthly income earned in country of destinationIndicator 10.7.2: Number of countries with migration policies that facilitate orderly, safe, regular and responsible migration and mobility of peopleSG_CPA_MIGRP: Proportion of countries with migration policies to facilitate orderly, safe, regular and responsible migration and mobility of people, by policy domain (%)SG_CPA_MIGRS: Countries with migration policies to facilitate orderly, safe, regular and responsible migration and mobility of people, by policy domain (1 = Requires further progress; 2 = Partially meets; 3 = Meets; 4 = Fully meets)Indicator 10.7.3: Number of people who died or disappeared in the process of migration towards an international destinationiSM_DTH_MIGR: Total deaths and disappearances recorded during migration (number)Indicator 10.7.4: Proportion of the population who are refugees, by country of originSM_POP_REFG_OR: Number of refugees per 100,000 population, by country of origin (per 100,000 population)Target 10.a: Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreementsIndicator 10.a.1: Proportion of tariff lines applied to imports from least developed countries and developing countries with zero-tariffTM_TRF_ZERO: Proportion of tariff lines applied to imports with zero-tariff (%)Target 10.b: Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least developed countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmesIndicator 10.b.1: Total resource flows for development, by recipient and donor countries and type of flow (e.g. official development assistance, foreign direct investment and other flows)DC_TRF_TOTDL: Total assistance for development, by donor countries (millions of current United States dollars)DC_TRF_TOTL: Total assistance for development, by recipient countries (millions of current United States dollars)DC_TRF_TFDV: Total resource flows for development, by recipient and donor countries (millions of current United States dollars)Target 10.c: By 2030, reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per centIndicator 10.c.1: Remittance costs as a proportion of the amount remittedSI_RMT_COST: Remittance costs as a proportion of the amount remitted (%)SI_RMT_COST_BC: Corridor remittance costs as a proportion of the amount remitted (%)SI_RMT_COST_SC: SmaRT corridor remittance costs as a proportion of the amount remitted (%)

Key information about Georgia Household Income per Capita

• Georgia Annual Household Income per Capita reached 2,228.200 USD in Dec 2023, compared with the previous value of 1,662.822 USD in Dec 2022.
• Georgia Annual Household Income per Capita data is updated yearly, available from Dec 2001 to Dec 2023, with an averaged value of 1,235.122 USD.
• The data reached an all-time high of 2,228.200 USD in Dec 2023 and a record low of 341.976 USD in Dec 2002.
• In the latest reports, Retail Sales of Georgia grew 5.043 % YoY in Jun 2024.

CEIC calculates Annual Household Income per Capita by deducting Borrowing from Total Receivables and multiplied by 12 and converts it into USD. The National Statistics Office of Georgia provides Average Household Income per Capita in local currency. The National Bank of Georgia average market exchange rate is used for currency conversions. Net Income is used.

This dataset provides values for ADJUSTED NET NATIONAL INCOME PER CAPITA WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for ADJUSTED NET NATIONAL INCOME PER CAPITA WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Uruguay and Chile were the Latin American countries with the highest wealth per adult. In 2021, an Uruguayan adult had, on average, 57,726 U.S. dollars worth of financial and non-financial assets, whereas Chileans' mean wealth stood at 54,639 dollars per adult. Argentina was the country with the lowest average wealth in the region, at only 10,446 dollars per adult.

China Net Income per Capita: Rural data was reported at 10,772.000 RMB in 2015. This records an increase from the previous number of 9,892.000 RMB for 2014. China Net Income per Capita: Rural data is updated yearly, averaging 708.550 RMB from Dec 1949 (Median) to 2015, with 49 observations. The data reached an all-time high of 10,772.000 RMB in 2015 and a record low of 43.800 RMB in 1949. China Net Income per Capita: Rural data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Income and Expenditure per Capita: Rural.

Iran IR: GDP: USD: Adjusted Net National Income per Capita data was reported at 3,966.682 USD in 2017. This records an increase from the previous number of 3,775.739 USD for 2016. Iran IR: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 1,834.442 USD from Mar 1971 (Median) to 2017, with 45 observations. The data reached an all-time high of 6,236.744 USD in 2012 and a record low of 327.227 USD in 1971. Iran IR: GDP: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iran – Table IR.World Bank: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;

This statistic presents the financial net worth of households per capita in selected European countries as of 2018. It can be seen that the financial worth of households per capita in Switzerland was the highest in Europe at a value of approximately ***** thousand USD in 2018.