Household Wealth Per Person by Country (2018)

In 2018, Australia emerged as the leader in household wealth per person among the countries analyzed, with a staggering $240,703 per adult. This positions Australia second globally, only behind Switzerland. The United States follows with $185,534, showcasing a significant wealth concentration. Canada and Japan also display substantial wealth per person, with figures of $162,142 and $150,418, respectively. The United Kingdom and Germany, while still affluent, show a noticeable drop, with wealth per person at $137,066 and $106,567. France and Italy, traditionally seen as economic powerhouses, reveal lower wealth per person, indicating potential disparities in wealth distribution. Notably, China and India, despite their rapid economic growth, have much lower household wealth per person, at $16,891 and $6,035, respectively. This highlights the vast economic divide between developed and developing nations. India's wealth per person is only 22% of the global average, despite doubling its total household wealth over a decade. These figures underscore the complex dynamics of wealth distribution, where economic growth does not always translate into equitable wealth per person. The data suggests that while some countries have managed to accumulate significant wealth, others still face challenges in achieving similar levels of prosperity.

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