Countries by Wealth per Capita
Name the countries that have a mean household wealth per adult of at least $220,000.
For 2019 according to Credit Suisse
Includes cash, real estate, investments, etc...
No data for the Vatican, Andorra, Monaco, Liechtenstein, or San Marino
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Last updated: November 4, 2019
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| First submitted | January 3, 2017 |
| Times taken | 25,310 |
| Rating | 4.51 |
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Quizmaster
+8
Level ∞
Jan 3, 2017
Among these countries, Australia and New Zealand have increased the most since 2000. Gotta love that housing boom.
RedZombieAngel
+8
Level 40
May 8, 2017
Yeah, Gotta 'Love' the Housing Boom... Ugh...
grantdon
+2
Level 72
May 9, 2017
Depends when you bought in; although people in Perth may not agree now
Akula
+2
Level 75
Nov 5, 2019
Indeed it is mostly housing values. My house has doubled in value since I bought it.
kiwiquizzer
+1
Level 65
Jan 30, 2020
Same. Lucky me.
buck1017
+1
Level 72
Jan 3, 2017
Had them all but the top two...then I looked at the name of the source material. Still missed Iceland though.
sillie
+1
Level 82
Jan 8, 2017
Iceland was a surprise considering the massive drop of the ISK with the bank crisis in 2008. They value of the currency is still down from what it was, against the USD the value is about half of what it was. So either they were really rich or wtf? Also.. if I read that source material right (skimmed) the data for Switzerland is from 1997? Maybe I mistook that. That's a while ago too.
Malbaby
+3
Level 70
Jan 9, 2017
What about the Vatican, awful lot of money gets siphoned to that area.
jd2001wizard
+11
Level 65
Jan 15, 2017
please read the quiz notes
Jiaozira
+2
Level 65
Apr 25, 2017
I'm sure the only reason Canada is so high on the list is from housing expenses. A small house in Vancouver will go for CAD $1,000,000.
starfast
+2
Level 61
Apr 25, 2017
I wouldn't be surprised, honestly. I live just outside of Vancouver and I feel like I'm going to live with my parents forever :/ Either that or I'll live in an apartment with like 2-3 other people.
kshanti
+2
Level 58
Apr 25, 2017
Several other cities have comparable (maybe worse) problems, for instance London or Barcelona.
Jiaozira
+2
Level 65
Nov 5, 2019
I live in a smaller Canadian city and house prices are still ridiculous. I think I'll buy a tent instead!
redsplat
+3
Level 75
Nov 6, 2019
There's a difference between expensive and unaffordable. In London and Barcelona wages are more commensurate with costs of living. Not so in a city like Vancouver, where some employers have difficulty finding and retaining staff since many workers can no longer afford to live there.
rocamorar
+1
Level 72
Jan 30, 2020
@redsplat: the facts do not support your thesis. The average wages in Canada are higher than in London or Barcelona (https://en.wikipedia.org/wiki/List_of_countries_by_average_wage)
Karamchand
+1
Level 46
Feb 2, 2020
Now try a 3rd world country, where houses cost three times less... and people earn seven times less.
secksmaster
+1
Level 58
Apr 16, 2020
same with the entirety of ontario tbh.
CosaNostra
+1
Level 33
Apr 25, 2017
Go Italy!
kalbahamut
+2
Level 80
Apr 26, 2017
Also, Switzerland... and this goes for many other countries on the list... I don't think a country really gets to claim it is "wealthy" so long as they're going to charge for ketchup at McDonald's. I would say that that is some ghetto-ass 3rd world bullcrap... but... they don't even try to pull that sh*t in the Philippines or Thailand or India or Ethiopia (and in Ethiopia it's not even a true McDonald's just a cheap knock-off)... so... I don't actually know what that is. But it's stingy and low.
Quizmaster
+22
Level ∞
Nov 4, 2019
You don't get rich by handing out free ketchup.
Djilas
+3
Level 77
Nov 4, 2019
I have a similar complaint about hiding taxes you have to pay when advertising stuff in the USA. As if they're optional ...
someone2018
+1
Level 81
Nov 5, 2019
This is the most ghetto complaint I've seen in a while. Well played.
kalbahamut
+3
Level 80
Mar 16, 2020
come between me and my chicken nuggets dipping sauces and I'll go super saiyan on you
canadry
+1
Level 60
Jun 30, 2020
If the list shows anything, it's that you get wealthy from financial crimes and colonial looting.
Rodman
+1
Level 42
Apr 27, 2017
very interesting, 1:38 on the clock
ingriddurden
+2
Level 60
Nov 27, 2017
Something is totally off with this quizz. Or with its source. Otherwise I am one of the dirt poor americans...
Quizmaster
+7
Level ∞
Nov 4, 2019
Mean != median. For example, let's say Bill Gates visits a homeless shelter. The mean wealth in that homeless shelter could be over $1 billion even though everyone but Bill Gates is poor.
jayhiatt
+5
Level 67
Jan 30, 2020
Yes, while the mean for the US is $432K, the median is only $66K. Switzerland, on the other hand, has a much more even distribution of wealth, with a mean of $565K and a median of $228K.
stubart409
+3
Level 61
Jan 30, 2020
Is there a similar quiz that uses median wealth?
Quizmaster
+1
Level ∞
Nov 4, 2019
Also consider that someone who bought a house in California in 1990 would probably have over 500k in home equity by now.
coro
+3
Level 60
Nov 6, 2019
Unless it burnt down of course.
CaoMaru
+3
Level 50
Jan 30, 2020
The quiz is made up of either countries where everyone has a relatively large amount of money, or countries where there are quite a few (or very few sometimes) extremely wealthy people that skew the figures. Unfortunately, most of these fall into the latter category.
mf3
+2
Level 83
Nov 4, 2019
So, San Marino is poorer than Italy overall? Seems not likely.
Jiaozira
+1
Level 65
Nov 5, 2019
Microstates are almost never present in these kinds of quizzes, because the data isn't avaliable.
cornflakesfu
+2
Level 81
Nov 5, 2019
According to the source, yes. San Marino clocks in at $218,321, just barely missing the cutoff for the quiz.
cornflakesfu
+2
Level 81
Nov 5, 2019
Actually, scratch that. It looks like $218,321 is just a dummy value they're using when they don't have good data. The exact same figure is given for Andorra, Liechtenstein, etc.
Sifhraven
+3
Level 67
Jan 30, 2020
Someone didnt read the instructions?! ... Seems very likely.. ;)
JWC1202
+2
Level 68
Nov 4, 2019
Nearly all of western Europe, minus Spain and Portugal. That does not surprise me; but no Germany, that surprises me.
Scoville
+4
Level 67
Nov 5, 2019
Compared to the rest of Europe, very few people in Germany own real estate. It's very common to just rent an apartment.
TheLastFish
+5
Level 67
Nov 5, 2019
From the source: "Germany and Sweden remain below this level, probably reflecting generous state provision of
pensions and healthcare, which reduces the
incentive for individuals to save for their retirement
needs."
It should be added that employees have to directly transfer a significant part of their income to finance these security systems, instead of "sav[ing a significant part of their income] for their retirement needs". It is actually strange that these "state fonds" are not considered for the wealth calculation.
Quizmaster
+2
Level ∞
Nov 7, 2019
Neither Germany nor Sweden has a sovereign wealth fund with substantial assets. Why would we consider future government spending an asset? If anything we should subtract the value of the government debt.
canadry
+1
Level 60
Jun 30, 2020
Apparently a debt-fuelled speculative housing bubble counts as wealth. XD
WanderingWalrus
+2
Level 72
Nov 4, 2019
Surprised not to see Qatar or Kuwait
ing
+3
Level 68
Jan 30, 2020
They'd probably be there if this were limited to citizens instead of households.
rocamorar
+1
Level 72
Nov 7, 2019
Andorra should be included in the caveat at the beginning. There's no data, but based on the housing prices and the number of inhabitants, I'm sure it would be in the list.
Quizmaster
+1
Level ∞
Nov 7, 2019
Okay
DuvalTilWeDie
+1
Level 45
Jan 16, 2020
Dang, Iceland :(
JudgeRudy
+1
Level 60
Jan 30, 2020
I tried every country excepted via the quiz notes before I noticed the quiz notes.
Quite surprised that none of the small Persian Gulf nations make the list.
alexaf2019
+1
Level 23
Jan 30, 2020
No I am wondering why China does not count
JackintheBox
+2
Level 66
Feb 1, 2020
Because it is not amongst the 19 countries with the highest mean wealth per capita. Duh
JackintheBox
+1
Level 66
Feb 1, 2020
Surprised Germany isn't here.
bostjan
+1
Level 48
Feb 18, 2020
Me too. Germany is the fourth biggest economy in the world. But, I suppose that since the population is so high, it fizzles out when taken per capita. Remember that East Germany was a poor country until the 1990', as well.
JackintheBox
+1
Level 66
Apr 2, 2020
I don't think East Germany was all that poor. I think it was the wealthiest 'country' under Communist rule during the Cold War, and would still be considered one of the wealthier countries by world standards.
imtreaty
+1
Level 47
Mar 10, 2020
so your half a millionaire in switzerland :O
JackintheBox
+1
Level 66
Apr 2, 2020
you're* 😉
secksmaster
+1
Level 58
Apr 16, 2020
man, if Monaco had proper data, theyd top this list.
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