- Calculating the mean doesn’t factor in the gap between the richest and poorest in a population—also known as wealth inequality.
- For this reason, we’ve compared this number to median wealth for each country, providing a separate angle on which countries really have the most wealth per capita.
- Australia and Switzerland lead the pack. In fact, the data shows that both nations top the lists for both mean and median wealth.
- In United States, average wealth ($403,974) is almost seven times higher than median wealth ($61,667) – 18th place for median wealth.
- The Nordic countries of Norway and Denmark can be found in the top ten for average wealth, but they drop to 12th place ($80,054) and 19th place ($60,999) respectively for median wealth. Despite this difference, these countries also provide a strong safety net—including access to healthcare and education.
- Finally, wealth in Japan is fairly evenly distributed among its large middle class, which lands it in seventh place on the median wealth list at $103,861. One possible reason is that the pay gap ratio between Japanese CEOs and the average worker is much lower than other developed nations.
- Go HERE to see the full article from Visual Capitalist.
Md Consulting 
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