What’s the median personal wealth per adult around Europe?
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On this map we can see how much personal wealth the average European adult has. The wealth is shown in US Dollars and includes both financial and non-financial wealth. Non-financial wealth mostly consists of land and real estate.
The reasons this map shows the median and not the average, is that an average is usually skewed by the extremely wealthy. This results in an amount that’s far higher than the wealth of most adults. In case of the median, it means that half of the population has a higher wealth than the number shown and half has a lower wealth.
People in Luxembourg ($360,715) and Iceland ($413,193) have by far the highest wealth in Europe. As we can see on the map, the western half of Europe clearly has a higher median wealth than the eastern half of Europe. Of course this can partially be explained by the height of the average wages and the cost of living in these countries. However, there are still some significant differences between countries that have a similar cost of living and GDP per capita.
The lowest median wealth can be found in Turkey ($5,488) and Russia ($8,595). These are the only countries in Europe where the median wealth is below $10,000.
Data for this map comes from the 2023 Global Wealth Report by UBS.
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