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Misleading stat is misleading. Page 47 of the source (https://www.allianz.com/content/dam/onemarketing/azcom/Allianz_com/economic-research/publications/specials
by RichardHeart 7y ago
Misleading stat is misleading. Page 47 of the source (https://www.allianz.com/content/dam/onemarketing/azcom/Allianz_com/economic-research/publications/specials/en/2019/AGWR_2019.pdf https://www.allianz.com/content/dam/onemarketing/azcom/Allia...)
:
"By average net financial assets, the USA are
the richest country in the world, not least
thanks to the strong dollar. But if we drew up
our rankings of the world’s richest countries
based on median values, they would look
different. The US would slide by a whopping
12 ranks from the top spot to 13th place. Also
Singapore (from third to sixth place), Sweden
(from seventh to 12th place), Denmark (from
tenth to 22nd place) and UK (from 12th to 16th
place) would drop significantly. In all these
countries the difference between median and
average values tend to be bigger than in most
other countries. For all countries analyzed, the (unweighted) average for the median value
expressed as percentage of the average value is 44%. In the US, in contrast, this number
is just 15%; in the UK and Sweden it comes to
around 30%"
- Hitton 7y agoJust for convenience: Ranked by average: 1. USA 2. Switzerland 3. Singapore 4. Taiwan 5. Netherlands 6. Japan 7. Sweden 8. Belgium 9. New Zealand 10. Denmark 11. Canada 12. UK 13. Israel 14. Australia 15. France 16. Austria 17. Italy 18. Germany 19. Ireland 20. South Korea
- Hitton 7y agoI haven't checked the data, it really shows the difference between countries who have wealthy elite and countries which have wealthy citizens. By median: 1. Switzerland 2. Japan 3. Netherlands 4. Belgium 5. Taiwan 6. Singapore 7. New Zealand 8. Australia 9. Canada 10. Italy 11. Israel 12. Sweden 13. USA 14. France 15. Ireland 16. UK 17. Austria 18. South Korea 19. Spain 20. Germany