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Switzerland, USA, UK top list of World’s wealthiest nations

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For the third year in a row, Switzerland has been named as the world’s wealthiest nation, followed by the United States of America and the United Kingdom.

This is contained in the Global Wealth Report put together by insurance giant Allianz. The Report measured the average value of savings, pensions and investments held by the populations of the wealthiest countries in the world.

As expected, no African country is made the list.

According to the Report, in Switzerland, an average person is said to have assets worth 170,589 euros (£147,720), followed by USA at number two, with 160,949 euros (£139,370) per head and the UK , where according to the research each citizen holds an average of 95,600 euros (£82,780) in financial assets is number three.

Following the UK in the rankings is Sweden, with average financial assets of 89,942 euros (£77,880) per head, Belgium, with 85,027 euros (£73,630) per person and Japan, with 83,888 euros (£72,640) per head.

Kathrin Brandmeir, an economic researcher at Allianz, who produced the report, disclosed that other Asian countries are fast catching up to Japan.

“Japan has been the leader in capital financial assets in the Asian world, and it’s still in the lead. But we think in two or three years’ countries like Taiwan or Singapore could overtake Japan, as the equity markets there are not catching up yet, despite Abenomics.”

 Global ranking by net per capita financial assets (in EUR)

1 Switzerland 157,446

2 USA 138,714

3 United Kingdom 86,233

4 Belgium 84,771

5 Sweden 82,925

6 Netherlands 78,063

7 Canada 76,508

8 Japan 73,547

9 Singapore 73,328

10 Taiwan 72,636

11 Denmark 72,310

12 New Zealand 65,646

13 Israel 58,910

14 Australia 53,799

15 France 50,773

16 Italy 49,422

17 Austria 48,416

18 Germany 44,769

19 Ireland 43,031

20 Finland 25,059

21 Spain 24,923

22 South Korea 24,157

23 Norway 22,039

24 Portugal 19,256

25 Slovenia 12,635

26 Greece 11,645

27 Chile 11,491

28 Czech Republic 11,275

29 Estonia 11,026

30 Hungary 9,178

31 Latvia 8,578

32 Malaysia 8,379

33 China 7,992

34 Croatia 7,774

35 South Africa 7,047

36 Lithuania 6,750

37 Bulgaria 6,455

38 Mexico 6,408

39 Poland 6,194

40 Slovakia 5,232

41 Romania 4,227

42 Peru 2,237

43 Turkey 2,091

44 Thailand 1,986

45 Brazil 1,975

46 Argentina 1,309

47 Colombia 1,083

48 Ukraine 1,037

49 India 921

50 Russia 902

51 Serbia 862

52 Indonesia 707

53 Kazakhstan 406

World 20,361

 

About Charles Igbinidu

Charles Igbinidu is a Public Relations practitioner in Lagos, Nigeria

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