List of countries by total wealth

(Redirected from National wealth)

National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities. It refers to the total value of net wealth possessed by the residents of a state at a set point in time.[1] Despite the name, figures in this article only cover household wealth and exclude government wealth, which may be substantial, as in China, or negative, as in the UK or US, and so does not show total wealth. This figure is an important indicator of a nation's ability to take on debt and sustain spending and is influenced not only by real estate prices, equity market prices, exchange rates, liabilities and incidence in a country of the population, but also by human resources, natural resources, and capital and technological advancements, which may create new assets or render others worthless in the future.

Countries by total wealth, 2022 (2023 publication)

The most significant component by far among most developed nations is commonly reported as household net wealth or worth, and reflects infrastructure investment. National wealth can fluctuate, as evidenced in the United States after the Great Recession and subsequent economic recovery. During periods when equity markets experience strong growth, the relative national and per capita wealth of the countries where people are more exposed on those markets, such as the United States and United Kingdom, tend to rise. On the other hand, when equity markets are depressed, the relative wealth of the countries where people invest more in real estate and bonds, such as France and Italy, tend to rise instead.

Total household wealth by country edit

Top 10 countries by total wealth, 2022

  United States (30.8%)
  China (18.6%)
  Japan (5.0%)
  Germany (3.8%)
  United Kingdom (3.5%)
  France (3.5%)
  India (5.0%)
  Canada (2.5%)
  Italy (2.4%)
  South Korea (2.2%)
  Rest of the World (24.4%)

* indicates "Wealth in country or territory" or "Economy of country or territory" links.

List by UBS and Credit Suisse published in 2023 pertaining to total wealth of countries in 2022[2]
Country (or area) Subregion Region Total wealth
(USD bn)
% of world Wealth to GDP
ratio[3]
(2017–19)
 World 454,385 100.0%
 Asia and Oceania Asia and Oceania 177,824 39.1%
 Northern America Northern America 151,170 33.3%
  United States * Northern America Americas 139,866 30.8% 5.493
 Europe Europe 104,410 23.0%
  China * Eastern Asia Asia 84,485 18.6% 4.470
  Japan * Eastern Asia Asia 22,582 5.0% 4.918
  Germany * Western Europe Europe 17,426 3.8% 3.797
  United Kingdom * Northern Europe Europe 15,972 3.5% 5.069
  France Western Europe Europe 15,727 3.5% 5.028
  India * Southern Asia Asia 15,365 3.4% 4.392
 Latin America and the Caribbean Americas 15,071 3.3%
  Canada * Northern America Americas 11,263 2.5% 4.937
  Italy * Southern Europe Europe 11,020 2.4% 5.669
  South Korea * Eastern Asia Asia 9,890 2.2%
  Australia * Australia, New Zealand Oceania 9,720 2.1% 5.157
  Spain * Southern Europe Europe 8,487 1.9% 5.577
 Africa Africa 5,909 1.3%
  Taiwan * Eastern Asia Asia 5,422 1.2%
  Netherlands * Western Europe Europe 4,869 1.1% 4.104
  Mexico * Northern America Americas 4,863 1.1% 2.129
  Switzerland * Western Europe Europe 4,829 1.1% 5.514
  Brazil * South America Americas 4,628 1.0% 1.921
  Russia * Eastern Europe Europe 4,386 0.97% 1.795
  Hong Kong * Eastern Asia Asia 3,493 0.77% 8.384
  Indonesia * South-eastern Asia Asia 3,256 0.72% 1.629
  Belgium * Western Europe Europe 3,195 0.70% 4.116
  Iran * Southern Asia Asia 3,034 0.67% 1.707
  Sweden * Northern Europe Europe 2,335 0.51% 3.860
  Saudi Arabia * Western Asia Asia 2,268 0.50% 1.962
  Singapore * South-eastern Asia Asia 1,906 0.42% 3.712
  Denmark * Northern Europe Europe 1,869 0.41% 3.630
  Austria * Western Europe Europe 1,794 0.39% 4.381
  Norway * Northern Europe Europe 1,644 0.36% 2.717
  Poland * Eastern Europe Europe 1,592 0.34% 2.972
  New Zealand * Australia, New Zealand Oceania 1,426 0.31% 5.181
  Thailand * South-eastern Asia Asia 1,421 0.31% 2.134
  Israel * Western Asia Asia 1,368 0.30% 2.739
  Portugal * Southern Europe Europe 1,324 0.29% 4.598
  Egypt * Northern Africa Africa 1,249 0.27% 2.963
  United Arab Emirates * Western Asia Asia 1,242 0.30% 2.189
  Bangladesh * Southern Asia Asia 1,079 0.24% 2.304
  Turkey * Western Asia Asia 1,041 0.23% 1.780
  Vietnam * South-eastern Asia Asia 1,017 0.22% 3.043
  Philippines * South-eastern Asia Asia 1,011 0.22% 2.501
  South Africa * Southern Africa Africa 926 0.22% 2.191
  Ireland * Northern Europe Europe 913 0.22% 2.447
  Greece * Southern Europe Europe 890 0.21% 4.131
  Finland * Northern Europe Europe 792 0.19% 2.952
  Chile * South America Americas 779 0.19% 2.002
  Czech Republic * Eastern Europe Europe 770 0.18% 2.366
  Kazakhstan * Central Asia Asia 720 0.17% 1.761
  Nigeria * West Africa Africa 699 0.17% 1.475
  Ukraine * Eastern Europe Europe 679 0.16% 2.003
  Pakistan * Southern Asia Asia 678 0.16% 1.671
  Malaysia * South-eastern Asia Asia 678 0.16% 1.870
  Romania * Eastern Europe Europe 667 0.16% 2.671
  Colombia * South America Americas 564 0.13% 1.737
  Kuwait * Western Asia Asia 564 0.13% 3.008
  Peru * South America Americas 519 0.12% 1.662
  Hungary * Eastern Europe Europe 458 0.11% 2.117
  Kenya * Eastern Africa Africa 435 0.10% 2.607
  Argentina * South America Americas 420 0.10% 0.698
  Qatar * Western Asia Asia 407 0.097% 1.865
  Sri Lanka * Southern Asia Asia 359 0.086% 3.535
  Algeria * Northern Africa Africa 354 0.085% 1.473
  Morocco * Northern Africa Africa 347 0.083% 2.548
  Lebanon * Western Asia Asia 345 0.082%
  Ethiopia * Eastern Africa Africa 300 0.072% 1.699
  Luxembourg * Western Europe Europe 299 0.071% 2.321
  Myanmar * South-eastern Asia Asia 283 0.068% 4.334
  Slovakia * Eastern Europe Europe 270 0.065% 2.731
  Bulgaria * Eastern Europe Europe 258 0.062% 2.086
  Belarus * Eastern Europe Europe 255 0.061% 1.950
  Ecuador * South America Americas 255 0.061% 1.908
  Jordan * Western Asia Asia 235 0.056% 3.281
  Croatia * Southern Europe Europe 230 0.055% 3.440
  Uruguay * South America Americas 217 0.052% 1.356
  Costa Rica * Central America Americas 211 0.050% 1.926
  Oman * Western Asia Asia 189 0.045% 2.044
  Slovenia * Southern Europe Europe 188 0.045% 3.784
  Serbia * Southern Europe Europe 186 0.044% 3.303
  Tunisia * Northern Africa Africa 177 0.042% 2.887
  Azerbaijan * Western Asia Asia 157 0.038% 1.727
  Panama * Central America Americas 150 0.036% 1.617
  Lithuania * Northern Europe Europe 147 0.035% 2.105
  Tanzania * Eastern Africa Africa 145 0.035% 1.298
  Latvia * Northern Europe Europe 141 0.034% 2.727
  Iceland * Northern Europe Europe 129 0.031% 3.928
  Bahrain * Western Asia Asia 116 0.028% 2.748
  Ghana * Western Africa Africa 112 0.027% 1.628
  Cyprus * Western Asia Asia 109 0.026% 4.289
  Bolivia * South America Americas 105 0.025% 1.907
  Nepal * Southern Asia Asia 90 0.022% 2.219
  Bosnia and Herzegovina * Southern Europe Europe 87 0.021% 3.868
  Estonia * Northern Europe Europe 82 0.020% 1.555
  Turkmenistan * Central Asia Asia 78 0.019% 1.398
  Albania * Southern Europe Europe 77 0.018% 4.581
  Zimbabwe * Eastern Africa Africa 71 0.017% 1.819
  DR Congo * Middle Africa Africa 71 0.017%
  Nicaragua * Central America Americas 69 0.016% 2.955
  Mauritius * Eastern Africa Africa 68 0.016% 3.417
  Paraguay * South America Americas 68 0.016% 1.337
  Moldova * Eastern Europe Europe 65 0.016% 3.426
  Cambodia * South-eastern Asia Asia 64 0.015% 1.956
  Malta * Southern Europe Europe 58 0.014% 3.336
  Angola * Middle Africa Africa 55 0.013% 0.552
  Trinidad and Tobago * Caribbean Americas 51 0.012% 1.689
  Uganda * Eastern Africa Africa 49 0.012% 0.853
  Armenia * Western Asia Asia 47 0.011% 3.072
  Georgia * Western Asia Asia 46 0.011% 2.117
  Cameroon * Middle Africa Africa 46 0.011% 0.846
  Jamaica * Caribbean Americas 45 0.011% 2.552
  Libya * Northern Africa Africa 44 0.011% 1.298
  Papua New Guinea * Melanesia Oceania 43 0.010% 1.208
  Senegal * Western Africa Africa 41 0.0098% 1.400
  Afghanistan * Southern Asia Asia 41 0.0098%
  Montenegro * Southern Europe Europe 36 0.0086% 4.691
  Laos * South-eastern Asia Asia 35 0.0084% 1.486
  Namibia * Southern Africa Africa 31 0.0074% 1.941
  Madagascar * Eastern Africa Africa 30 0.0072% 1.488
  Rwanda * Eastern Africa Africa 28 0.0067% 1.620
  Botswana * Southern Africa Africa 27 0.0065% 1.14
  Zambia * Eastern Africa Africa 27 0.0065% 0.858
  Tajikistan * Central Asia Asia 25 0.0060% 2.218
  Kyrgyzstan * Central Asia Asia 25 0.0060% 2.484
  Gabon * Middle Africa Africa 23 0.0055% 1.007
  Mali * Western Africa Africa 22 0.0053% 0.926
  Sudan * Northern Africa Africa 22 0.0053% 0.360
  Malawi * Eastern Africa Africa 22 0.0053% 1.565
  Equatorial Guinea * Middle Africa Africa 20 0.0048% 1.179
  Syria * Western Asia Asia 18 0.0043%
  Guinea * Western Africa Africa 18 0.0043% 1.139
  Bahamas * Caribbean Americas 16 0.0038% 2.125
  Burkina Faso * Western Africa Africa 16 0.0038% 0.813
  Mozambique * Eastern Africa Africa 16 0.0038% 0.788
  Barbados * Caribbean Americas 16 0.0038% 2.688
  Mongolia * Eastern Asia Asia 15 0.0036% 0.857
  Benin * Western Africa Africa 15 0.0036% 0.834
  Liberia * Western Africa Africa 14 0.0033% 1.628
  Niger * Western Africa Africa 13 0.0031% 1.637
  Brunei * South-eastern Asia Asia 12 0.0029% 2.537
  Fiji * Melanesia Oceania 12 0.0029% 0.707
  Chad * Middle Africa Africa 10 0.0024% 1.241
  Maldives * Southern Asia Asia 10 0.0024%
  Congo * Middle Africa Africa 6 0.0014%
  Mauritania * Western Africa Africa 6 0.0014% 0.789
  Guyana * South America Americas 6 0.0014% 0.966
  Togo * Western Africa Africa 6 0.0014% 0.911
  Eritrea * Eastern Africa Africa 5 0.0012% 0.774
  Haiti * Caribbean Americas 5 0.0012% 0.349
  Seychelles * Eastern Africa Africa 4 0.00096% 2.348
  Burundi * Eastern Africa Africa 4 0.00096% 0.996
  Sierra Leone * Western Africa Africa 4 0.00096% 0.728
  East Timor * South-eastern Asia Asia 4 0.00096% 1.487
  Belize * Central America Americas 3 0.00072% 1.064
  Gambia * Western Africa Africa 3 0.00072% 1.095
  Central African Republic * Middle Africa Africa 2 0.00048% 0.901
  Comoros * Eastern Africa Africa 2 0.00048% 1.716
  Djibouti * Eastern Africa Africa 2 0.00048% 0.602
  Guinea-Bissau * Western Africa Africa 2 0.00048% 1.493
  Lesotho * Southern Africa Africa 2 0.00048% 0.842
  Suriname * South America Americas 2 0.00048% 0.541
  São Tomé and Príncipe * Middle Africa Africa 0 0%
  Saint Vincent and the Grenadines * Caribbean Americas
  Vanuatu * Melanesia Oceania
  North Korea * Eastern Asia Asia
  Cayman Islands * Caribbean Americas
  Aruba * Caribbean Americas
  Cuba * Caribbean Americas
  Dominica * Caribbean Americas
  Antigua and Barbuda * Caribbean Americas
  Tonga * Polynesia Oceania
  Saint Lucia * Caribbean Americas
  Grenada * Caribbean Americas
  Samoa * Polynesia Oceania
  Solomon Islands * Melanesia Oceania
  Somalia * Eastern Africa Africa
  Uzbekistan * Central Asia Asia

Countries ranking through time edit

In the following table are ranked the 30 countries by the largest national net wealth from 2000 to 2022 according to UBS and Credit Suisse S.A. (August 2023).[4]

The 30 largest countries by net national wealth (in billions USD)
Country 2000 Country 2005 Country 2010 Country 2015 Country 2020 Country 2022 Country Peak value Peak year
 World 117,825  World 182,218  World 252,084  World 297,743  World 422,718  World 454,385  World 465,666 2021
  United States 43,423   United States 62,634   United States 64,661   United States 87,959   United States 126,300   United States 139,866   United States 145,793 2021
  Japan 19,404   Japan 19,476   Japan 28,640   China 46,535   China 73,866   China 84,485   China 85,947 2021
  United Kingdom 6,565   United Kingdom 10,949   China 25,493   Japan 21,519   Japan 26,744   Japan 22,582   Japan 29,718 2011
  Germany 6,160   France 9,679   France 13,526   United Kingdom 13,978   Germany 18,053   Germany 17,426   Germany 18,412 2021
  Italy 5,522   Italy 9,457   Germany 11,934   Germany 12,009   France 16,326   United Kingdom 15,972   United Kingdom 16,741 2021
  France 4,704   Germany 9,073   Italy 11,545   France 11,594   United Kingdom 15,454   France 15,727   France 16,326
[clarification needed]
2020
  China 3,704   China 8,522   United Kingdom 11,199   Italy 10,506   India 12,688   India 15,365   India 15,365 2022
  Canada 2,613   Spain 6,905   Spain 8,701   India 8,948   Italy 12,176   Canada 11,263   Italy 12,820 2007
  Spain 2,497   Canada 4,363   Canada 6,832   Canada 6,930   Canada 10,586   Italy 11,020   Canada 12,501 2021
  South Korea 1,721   South Korea 3,508   India 6,810   Australia 6,424   South Korea 9,625   South Korea 9,890   Australia 10,734 2021
  Netherlands 1,591   Australia 3,480   Australia 6,662   Spain 6,177   Australia 9,268   Australia 9,720   Spain 10,296 2007
  India 1,553   India 3,266   South Korea 4,744   South Korea 6,128   Spain 8,759   Spain 8,487   South Korea 9,946 2021
  Australia 1,500   Netherlands 2,524   Netherlands 3,323   Taiwan 3,514   Netherlands 5,447   Taiwan 5,422   Taiwan 5,776 2021
  Taiwan 1,437   Taiwan 1,883   Brazil 3,128   Switzerland 3,428   Taiwan 4,920   Netherlands 4,869   Netherlands 5,447
[clarification needed]
2020
  Switzerland 1,273   Belgium 1,826   Switzerland 2,892   Netherlands 3,255   Switzerland 4,673   Mexico 4,863   Switzerland 4,893 2021
  Belgium 1,110   Switzerland 1,737   Taiwan 2,628   Mexico 2,659   Mexico 3,767   Switzerland 4,829   Mexico 4,863 2022
  Hong Kong 871   Mexico 1,563   Belgium 2,565   Hong Kong 2,548   Belgium 3,544   Brazil 4,628   Brazil 4,628 2022
  Mexico 828   Austria 1,067   Mexico 2,261   Belgium 2,531   Hong Kong 3,446   Russia 4,386   Russia 4,386 2022
  Austria 719   Brazil 1,064   Russia 2,165   Brazil 2,398   Russia 3,177   Hong Kong 3,493   Belgium 3,544 2020
  Brazil 646   Turkey 1,034   Turkey 1,718   Indonesia 1,899   Brazil 3,092   Indonesia 3,256   Hong Kong 3,495 2021
  Greece 618   Greece 1,020   Sweden 1,628   Russia 1,824   Indonesia 3,087   Belgium 3,195   Indonesia 3,256 2022
  Turkey 525   Hong Kong 976   Hong Kong 1,588   Sweden 1,783   Sweden 2,742   Iran 3,034   Iran 3,034 2022
  Sweden 522   Sweden 966   Austria 1,460   Turkey 1,777   Saudi Arabia 1,905   Sweden 2,335   Sweden 2,865 2021
  Denmark 451   Russia 869   Indonesia 1,359   Saudi Arabia 1,437   Austria 1,855   Saudi Arabia 2,268   Saudi Arabia 2,268 2022
  Portugal 422   Denmark 799   Greece 1,252   Austria 1,408   Denmark 1,793   Singapore 1,906   Denmark 1,998 2021
  Saudi Arabia 415   Portugal 731   Denmark 1,022   Singapore 1,075   Singapore 1,637   Denmark 1,869   Turkey 1,970 2013
  Indonesia 364   Indonesia 704   Norway 988   Denmark 1,055   Turkey 1,509   Austria 1,794   Singapore 1,906 2022
  Ireland 336   Ireland 696   Portugal 958   Egypt 1,035   Poland 1,465   Norway 1,644   Austria 1,855 2020
  Norway 336   Poland 622   Poland 936   Thailand 1,000   Iran 1,443   Poland 1,592   New Zealand 1,658 2021
  Singapore 324   Saudi Arabia 620   Thailand 926   Poland 993   New Zealand 1,436   New Zealand 1,426   Norway 1,644 2022

Shares of global wealth edit

The following table indicates the share of global wealth of the ten wealthiest countries by net national wealth at given years. The share of global wealth of a country that is 5% or greater at a given year is in bold.

Shares of global wealth (%) of the ten wealthiest countries by net national wealth for 2000–09
Year   Australia   Canada   China   France   Germany   India   Italy   Japan   South Korea   Spain   United Kingdom   United States Aggregate
share of
the top 10
2000 2.2% 3.1% 4.0% 5.2% 4.7% 16.5% 1.5% 2.1% 5.6% 36.9% 81.8%
2001 2.1% 3.6% 4.0% 5.2% 4.6% 14.1% 1.5% 2.3% 5.6% 38.8% 81.8%
2002 2.0% 3.7% 4.6% 5.5% 5.3% 13.8% 1.7% 2.9% 6.1% 35.1% 80.7%
2003 1.9% 2.2% 3.7% 5.2% 5.8% 5.7% 12.9% 3.5% 6.2% 32.8% 79.9%
2004 1.9% 2.2% 3.9% 5.6% 5.7% 5.7% 11.5% 3.9% 6.5% 32.5% 79.4%
2005 2.4% 4.7% 5.3% 5.0% 5.2% 10.7% 1.9% 3.8% 6.0% 34.4% 79.4%
2006 2.0% 2.3% 5.0% 5.8% 5.0% 5.5% 9.5% 4.2% 6.4% 32.3% 78.0%
2007 2.3% 2.6% 6.0% 6.1% 5.3% 5.5% 8.6% 4.4% 6.2% 29.3% 76.3%
2008 2.2% 8.2% 6.0% 5.4% 2.2% 5.6% 11.2% 4.4% 4.4% 27.5% 77.1%
2009 2.4% 2.6% 8.6% 5.7% 5.3% 5.4% 10.2% 4.1% 4.8% 26.3% 75.4%
Shares of global wealth (%) of the ten wealthiest countries by net national wealth for 2010–19
Year   Australia   Canada   China   France   Germany   India   Italy   Japan   South Korea   Spain   United Kingdom   United States Aggregate
share of
the top 10
2010 2.7% 10.1% 5.4% 4.7% 2.7% 4.6% 11.4% 3.5% 4.4% 25.7% 75.2%
2011 2.7% 11.9% 5.1% 4.6% 2.5% 4.3% 11.4% 3.4% 4.5% 25.2% 75.6%
2012 2.8% 12.5% 4.8% 4.6% 2.7% 4.2% 9.8% 2.9% 4.4% 25.6% 74.3%
2013 2.7% 13.8% 4.8% 4.7% 2.6% 4.1% 7.8% 2.7% 4.5% 26.8% 74.5%
2014 2.2% 2.6% 15.1% 4.2% 4.3% 2.8% 3.9% 7.1% 4.7% 28.6% 75.5%
2015 2.2% 2.3% 15.6% 3.9% 4.0% 3.0% 3.5% 7.2% 4.7% 29.5% 75.9%
2016 2.2% 2.5% 16.7% 3.8% 3.9% 3.2% 3.3% 7.2% 4.0% 29.9% 76.7%
2017 2.2% 2.4% 17.4% 3.9% 4.1% 3.3% 3.3% 6.7% 4.1% 28.4% 75.8%
2018 2.2% 18.4% 3.8% 4.1% 3.4% 3.0% 6.7% 2.2% 3.7% 28.5% 76.0%
2019 2.3% 18.1% 3.6% 4.0% 3.4% 2.8% 6.5% 2.1% 3.6% 29.6% 76.0%
Shares of global wealth (%) of the ten wealthiest countries by net national wealth for 2020 onwards
Year   Australia   Canada   China   France   Germany   India   Italy   Japan   South Korea   Spain   United Kingdom   United States Aggregate
share of
the top 10
2020 2.5% 17.5% 3.9% 4.3% 3.0% 2.9% 6.3% 2.3% 3.7% 29.9% 76.3%
2021 2.3% 2.7% 18.5% 3.5% 4.0% 3.2% 2.5% 5.4% 3.6% 31.3% 77.0%
2022 2.5% 18.6% 3.5% 3.8% 3.4% 2.4% 5.0% 2.2% 3.5% 30.8% 75.7%

See also edit

References edit

  1. ^ "National Statistics, Republic of China (Taiwan)". stat.gov.tw. Retrieved 9 August 2016.
  2. ^ Shorrocks, Anthony; Davies, James; Lluberas, Rodrigo (2023). Global Wealth Databook 2023. UBS and Credit Suisse Research Institute.
  3. ^ "GDP (current US$) | Data". data.worldbank.org. Retrieved 31 May 2021.
  4. ^ "Global wealth report". ubs.com. UBS & Credit Suisse. Retrieved 17 August 2023.