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The top 20% of Americans owned 86% of the country's wealth and the bottom 80% of the population owned 14%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%. [15]
Affluence refers to an individual's or household's economical and financial advantage in comparison to others. [1] It may be assessed through either income or wealth . In absolute terms, affluence is a relatively widespread phenomenon in the United States, with over 30% of households having an income exceeding $100,000 per year and over 30% of ...
The Pareto distribution gives 52.8% owned by the upper 1%. According to the OECD in 2012 the top 0.6% of world population (consisting of adults with more than US$1 million in assets) or the 42 million richest people in the world held 39.3% of world wealth. The next 4.4% (311 million people) held 32.3% of world wealth.
Budget and debt in theUnited States of America. The financial position of the United States includes assets of at least $269 trillion (1576% of GDP) and debts of $145.8 trillion (852% of GDP) to produce a net worth of at least $123.8 trillion (723% of GDP). [a] GDP in Q1 decline was due to foreclosures and increased rates of household saving.
Countries by median wealth ( US dollars) per adult. From 2021 publication of Credit Suisse. This is a list of countries of the world by wealth per adult or household, from sources such as UBS 's annual Global Wealth Databook [1] and the OECD 's Better Life Index. [2] Wealth includes both financial and non-financial assets.
Per Knight Frank's Wealth Report (2018) [4] [5] Rank Country/Territory Number of billionaires World: 3,381 1 United States: 585 2 Mainland China: 373 3 Germany: 123 4 India: 119 5 Russia: 101 6 Hong Kong: 64 7 United Kingdom: 54 8 Canada: 46 9 South Korea: 44 10 Italy: 43 11 France: 40 12 Switzerland: 36 13 Japan: 35 Taiwan: 35 14 Australia: 34
What is the average wealth for Americans and the top 1 percent? The table below provides data on wealth from the Federal Reserve, including FRED data from the St. Louis Fed indicating there were ...
Numbers of US dollar millionaires by world region per Credit Suisse (2022) [2] Rank Region Numbers (in thousands) Percentage of world total numbers As percentage of total adult population - World 62,489 100.0 1.1 1 Northern America: 26,778 41.9 9.5 2 Europe: 16,696 26.7 2.8 3 Asia-Pacific: 10,755 17.2 0.8 4 China: 6,190 9.9 0.6 5 Latin America ...
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