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Gini: Higher Gini coefficients signify greater inequality in wealth distribution. A Gini coefficient of 0 reflects perfect wealth equality, where all wealth values are the same, while a Gini coefficient of 1 (or 100%) reflects maximal wealth inequality, a situation where a single individual has all the wealth while all others have none.
Countries by total wealth, 2022 (2023 publication) 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]
In 2023, the Federal Reserve Board published median and mean family wealth statistics for 2022, based on a nationwide survey of 4,602 families. [95] The average white family's median net worth was $285,000. Hispanic families had a median net worth of $61,600, and for black families, this figure was $44,900.
Per Forbes (April 2024) [1]; Rank Rank per capita Country/Territory Billionaires Rate - World 2,781: 0.343 1 11 United States 813: 2.420 2 53 China 406: 0.288 3 58 India 200: 0.144
The 2022 SCF (the most recent installment) was published in October 2023. American households reported a median income of $70,200 and a median net worth of $192,700. For context, median refers to ...
Net worth per capita (PPP) Net worth per capita (exchange rates) Percent of world net worth (PPP) Percent of world net worth (exchange rates) Real GDP per capita (PPP) Real GDP per capita (exchange rates) Percent of world GDP (PPP) Percent of world GDP (exchange rates) United States: 4.67 71.39 143,727 143,727 25.4 32.65 35,619 35,619 21.97 31.49
This is a list of countries by the number of millionaires by net worth (in United States dollars) based on an annual assessment of wealth and assets compiled and published by the Swiss bank Credit Suisse.
The Pareto Distribution has often been used to mathematically quantify the distribution of wealth at the right tail (the wealth of the very rich); stating that the upper 20% owns 80%, the upper 4% owns 64%, the upper 0.8% owns 51.2%, etc. In fact, the tail of wealth distributions, similar to that of income distribution, behaves like a Pareto ...