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National wealth can fluctuate, as evidenced in the United States after the Great Recession and subsequent economic recovery. During periods when equity markets experience strong growth, the relative national and per capita wealth of the countries where people are more exposed on those markets, such as the United States and United Kingdom, tend ...
UBS publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.
Per Forbes (April 2024) [1]; Rank Rank per capita Country/Territory Billionaires Rate - World 2,781: 0.343 1 11 United States 813: 2.420 2 53 China 406: 0.288 3 58 India 200: 0.144
The United States and China regularly rank among the world’s richest countries, according to Global Citizen Solutions. This ranking, however, is based on net worth.
In 2022 China had 607 billionaires which put the country second in the world, after the United States (735). [ 2 ] Current richest Chinese billionaire is Zhong Shanshan , ranked as the eighth wealthiest man in the world as of March 11, 2022.
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year.
Huang, 44, became China’s richest person on Aug. 8, boasting impressive results from Pinduoduo, a popular gamified online marketplace that connects buyers and sellers in China.
In 1950, China's per capita GDP was only a fifth of the world's per capita GDP and less than a tenth that of the twelve Western European countries. [44] Since the late 1970s, China has moved forward from a centrally planned economy to a free market capitalist system. China accounts for 71.36% of East Asia's overall GDP. [13]