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Global Wealth Report 2023
August 23 , 2023
253 days
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- The fourteenth edition of the Global Wealth Report was launched jointly by Credit Suisse and UBS.
- The wealth holdings of 5.4 billion adults across 200 markets, says global wealth will reach $629 trillion over the next five years.
- In current nominal USD, total net private wealth fell by USD 11.3 trillion (–2.4%) to USD 454.4 trillion at the end of 2022.
- Wealth per adult also declined by USD 3,198 (–3.6%) to reach USD 84,718 per adult.
- In terms of wealth per adult, Switzerland continues to top the list followed by the USA, Hong Kong SAR, Australia and Denmark.
- Asia Pacific recorded losses of USD 2.1 trillion.
- Latin America is the outlier with a total wealth increase of USD 2.4 trillion.
- The largest wealth increases at the other end were recorded for Russia, Mexico, India and Brazil.
- The global wealth will rise by 38% over the next five years, reaching USD 629 trillion by 2027.
- The BRICS countries - Brazil, Russia, India, China and South Africa - will rise 30% by 2027.
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