30 Wealthiest Countries by Per Capita Net Worth

Ali Hassan
12 min read

In This Article:

In this article, we will discuss the 30 wealthiest countries by per capita net worth. If you want to skip the detailed analysis of the wealthiest countries, click 5 Wealthiest Countries by Per Capita Net Worth.

World’s Richest Countries' Wealth Share

Global wealth comprises all the assets including monetary assets and other assets in all areas of the world. The wealthiest countries in the world are the powerbrokers in the global economy. The richest countries in the world hold a majority portion of the global wealth. Countries including the United States, China, Japan, Germany, United Kingdom, France, India, and Canada hold the highest share of the global wealth. According to the Credit Suisse Global Wealth Report of 2023, the global wealth share for the United States was 30.8% and China’s global wealth share accounted for 18.6%. Japan, Germany, and the United Kingdom followed next with a global wealth share of 5%, 3.8%, and 3.5%, respectively. 

These rich countries have great investment opportunities. Some of the countries that are best for FDI and FPI include the United States, United Kingdom, Japan, Germany, and Canada - to name a few. These countries offer attractive investment opportunities due to the high-spending consumer market, business-friendly regulations, and profitable real estate market. 

Impact of COVID-19 on Global Wealth

The COVID-19 pandemic had severe implications for the global economy. The wealthiest countries in the world had a hard time tackling the pandemic despite the resources. The wealthiest countries were exposed to their older population and higher health expenses. Furthermore, the economic fallout of lockdowns devastated low-income citizens and workers. Whereas the rich population had more resources and capital to deal with the circumstances. The pandemic had a major impact on the global inequality index. The wealthiest people have always enjoyed the perks of dominating global wealth. 

Oxfam International, which studies global inequality, shared the statistics of the richest global wealth share. According to Oxfam International, the richest 1% took almost two-thirds of all new wealth created since 2020, which accounted for $42 trillion. That’s nearly twice as much money as the remaining 99% of the world’s population grabbed since 2020.

With the richest population taking away the majority of the global wealth, the increase in wealth inequality during the pandemic was reversed in 2022. According to Credit Suisse’s report, the global wealth share of the top 1% plunged to 44.5% during 2022. Some of the key factors to the decline in wealth in 2022 included inflation and appreciation of the U.S. dollar against other currencies. British economist and Credit Suisse’s report author, Anthony Shorrocks said:

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