The US and China account for half the world’s household wealth
Visual Capitalist/Nick Routley, Avery Koop and Joyce Ma/11-9-2022
“Measures like GDP are commonly used to understand the overall wealth and size of the economy. While looking at economic output on an annual basis is useful, there are other metrics to consider when evaluating the wealth of a nation. Household wealth statistics reveal which country’s citizens are accruing the highest level of money and assets worldwide. This visual utilizes data from Credit Suisse’s annual Global Wealth Report to break down the latest estimates for household wealth by country.”
USAGOLD note: China’s household wealth is distributed over a very large population – 1.44 billion people. The population of the United States is 332 million.