According to the Global Wealth Report released by Credit Suisse and UBS, the total household wealth in the UAE is estimated to be US$2022 trillion by the end of 1.2, and the ratio of household debt to total assets is 7.8%, which is basically the same as in 2021.
It is worth noting that the average assets of adults in the UAE are US$152556 (equivalent to RMB 111.5 million).
Calculated at 2022 exchange rates, wealth per adult in the UAE increased by 11.7%, compared with an increase of 2021% in 18.7.
Switzerland continues to lead in wealth per adult, followed by the United States, Hong Kong, Australia and Denmark.However, the average wealth of adults has dropped significantly compared with 2021.
If median wealth is used as a ranking criterion, Belgium tops the list, followed by Australia, Hong Kong, New Zealand and Denmark.
According to a recently released report, in current nominal dollar terms, total private net wealth worldwide fell by $2022 trillion to $11.3 trillion by the end of 454.4, a decrease of 2.4%. In addition, the average wealth of adults also fell by $3198 to $84718, a decrease of 3.6%. The main reason for these declines is the appreciation of the US dollar. Although these data are calculated in current nominal dollars, we can convert them to real purchasing power parity (PYPL) calculations to more accurately reflect the actual value changes of wealth. According to the World Bank, in terms of purchasing power parity, total private net wealth fell by about 8.2% to $437.6 trillion, a decrease of 1.9%; the average wealth of adults fell by about 2.9% to $7964.7 billion, a decrease of 2.2%. These data reflect the distribution of global wealth. According to the OECD, at the end of 2022, the total private net wealth of high-income countries accounted for 62.9% of the world's total private net wealth, while the total private net wealth of low-income countries accounted for only 37.1% of the world's total private net wealth. The average total private wealth of high-income countries is $29.8, while the average total private wealth of low-income countries is $13.5. The impact of the appreciation of the US dollar on private net wealth and average wealth is different. According to the International Monetary Fund (IMF), the appreciation of the US dollar has led to the inflow of foreign direct investment (FDI) denominated in US dollars into the United States and other major currencies. However, this has not reduced the total global private net wealth, because private net wealth is mainly composed of the output of domestic and international labor.
From a regional perspective, global wealth losses are mainly concentrated in wealthier regions such as North America and Europe. These regions include the United States, Canada, Australia, Germany, the United Kingdom, France, Italy, Spain and Switzerland, which have lost a total of $10.9 trillion. In contrast, the Asia-Pacific region lost $2.1 trillion throughout the year. This region includes countries such as Japan, China, India, South Korea, Taiwan, Singapore, Malaysia and the Philippines. In 2022, the United States lost the most, followed by Japan, China, Canada and Australia. The losses of these countries combined exceeded $3 trillion. On the other hand, Russia, Mexico, India and Brazil saw the largest increase in wealth. The wealth of these countries increased by $2022 trillion in 3.4, making them contribute the largest share of global wealth losses. Global wealth loss is a serious problem that requires global cooperation and efforts to solve. Leaders of various countries and regions should work together to develop better policies and measures to mitigate the impact of this loss on the global economy and society.
Promote social equity and narrow the gap between rich and poor.
In 2022, total global wealth decreased, which led to a reduction in wealth inequality. The share of wealth held by the world's richest people fell from 2021% in 44.5 to 2022% in 41.7. At the same time, the number of millionaires in the world also decreased by 350 million to 5940 million.
However, this figure does not take into account 440 million "inflation millionaires" who will no longer qualify if the 2022 millionaire threshold is adjusted for inflation.
Median global wealth is a key indicator of the quality of life of ordinary people.According to the latest data, global median wealth increased by 2022% in 3, however, the average wealth per adult decreased by 3.6%.
Over the past century, global median wealth has increased fivefold, equivalent to twice the rate of increase in wealth per adult.This growth is mainly due to the rapid development of China's economy.
One possible modification would be: "to usher in a brighter future."
According to the report, global wealth will grow by 38% in the next five years, reaching US$2027 trillion by 629.It is worth noting that growth in middle-income countries will become the main growth driver globally.
According to the report's forecasts, the average income per adult will reach $2027 by 110270, the number of millionaires is expected to increase to 8600 million, and the number of ultra-high net worth individuals (UHNWI) may grow to 37.2 Thousands of people.
