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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.
Countries by total wealth, 2022 (2023 publication) National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities.
Comparisons of national wealth are frequently made based on nominal GDP and savings (not just income), which do not reflect differences in the cost of living in different countries (see List of countries by GDP (nominal) per capita); hence, using a PPP basis is arguably more useful when comparing generalized differences in living standards ...
Latin American and the Caribbean countries by GDP per capita PPP (2019). This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the October 2023 World Economic Outlook database.
On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. The figures presented here do not take into account differences in the cost of living in different countries, and the results vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency .
Carlos Slim, Mexico’s richest man and one of the world's wealthiest, addressed a range of topics at his annual conference on Monday. Despite his extensive holdings in sectors ranging from ...
PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.
That's something that didn't go unnoticed by Mexican billionaire Ricardo Salinas Pliego, who is the third-richest person in Mexico and among the top 175 richest people in the world. On social ...