{"id":1510168,"date":"2024-12-27T09:15:00","date_gmt":"2024-12-27T14:15:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1510168"},"modified":"2024-12-27T09:15:00","modified_gmt":"2024-12-27T14:15:00","slug":"these-are-top-20-countries-by-average-and-median-wealth","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/these-are-top-20-countries-by-average-and-median-wealth\/1510168\/","title":{"rendered":"These Are Top 20 Countries By Average (And Median) Wealth"},"content":{"rendered":"

These Are Top 20 Countries By Average (And Median) Wealth<\/span><\/p>\n

\n

This graphic, via Visual Capitalist’s Marcus Lu, <\/a>shows the top 20 countries according to\u00a0average (mean) wealth<\/strong>\u00a0and\u00a0median wealth<\/strong>, using data sourced from the\u00a0UBS Global Wealth Report 2024<\/a>.<\/p>\n

Comparing countries by these two different metrics reveals insights into wealth distribution and inequality.<\/p>\n

<\/a><\/p>\n

Average vs. Median Wealth: What\u2019s the Difference?<\/h2>\n

Average wealth<\/strong>\u00a0is the total wealth of a country\u2019s people divided by the size of its population. Also known as a\u00a0mean average<\/strong>, this measurement can be skewed by extremely high values such as the presence of\u00a0billionaires<\/a>.<\/p>\n

Median wealth<\/strong>\u00a0represents the middle value of wealth, when everyone\u2019s wealth is arranged in order. This measurement is less affected by massive outliers.<\/p>\n

Data and Key Takeaways<\/h2>\n

The numbers we used to create this graphic are listed in the table below.<\/p>\n

<\/a><\/p>\n

One outlier from this graphic is the\u00a0U.S.<\/strong>, which ranks highly in average wealth but much lower in terms of median wealth.<\/p>\n

The country has an average wealth of $565,000 per person (4th highest), yet a median wealth of $112,000 per person (14th highest).<\/p>\n

This suggests that a large amount of wealth is concentrated among a small group of individuals (who pull up the mean average), and that the majority of the population actually has much less.<\/p>\n

Countries that rank highly in both metrics, such as Luxembourg or Denmark, likely have a more even wealth distribution.<\/p>\n

If you enjoyed this post, check out\u00a0this graphic<\/a>\u00a0showing how global wealth has changed since 2000.<\/em><\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nFri, 12\/27\/2024 – 04:15<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/personal-finance\/these-are-top-20-countries-average-and-median-wealth<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

These Are Top 20 Countries By Average (And Median) Wealth This graphic, via Visual Capitalist’s Marcus Lu, shows the top 20 countries according to\u00a0average (mean)…<\/p>\n","protected":false},"author":0,"featured_media":1510169,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1510168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1510168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1510168"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1510168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1510169"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1510168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1510168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1510168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}