Credit Suisse Research Institute's 7th Global Wealth Report

This year's Global Wealth Report From Suisse Credit Research Institute confirms a course of weak global wealth growth. In the past 12 months, global wealth has risen by US$3.5 trillion to US$256 trillion, which represents an increase of 1.4%. However, wealth creation has merely kept pace with population growth.

As a result, in 2016, wealth per adult was unchanged for the first time since 2008, at approximately US$52,800. Among the major economies, the USA and Japan were able to generate substantial additional wealth, while the United Kingdom recorded a significant decline as a result of currency depreciation.

To be in the wealthiest 10%, a person needs US$71,600. Half of all adults all over the world own less than US$2,222, while those in the bottom 20% own less than US$248. The economic inequality has increased this year. It is estimated that the top percentile own 50.8% of global household assets.


Suggested Articles

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern

This HK-listed firm deems a portion of its assets as held-for-sale to hide its billions of debt, said an accounting research company

Delay in government budget approval was a major reason for the slowdown in Q1