Key figures
- Luxembourg has the highest median wealth per adult on the chart, at $372,000, followed by Australia ($262,000) and Belgium ($256,000).
- Switzerland has the highest average wealth ($710,000) but is seventh for median wealth ($171,000).
- The United States is fourth for average wealth ($565,000) and 14th for median wealth ($112,000).
- Italy, Spain, Japan, Malta and South Korea make the median top 20 but not the average top 20.
- Sweden, Germany, Israel, Austria and Ireland make the average top 20 but not the median list.
All figures are from the graphic, which cites the UBS Global Wealth Report 2024. Figures are in 2023 US dollars.
Average and median wealth by country, top 20
Title: Average vs Median Wealth, Top 20 Countries. Average wealth is shown with a bar chart icon and median wealth with a bell curve icon. Coloured lines join each country’s position in the two rankings.
| Rank | Average wealth | Average | Median wealth | Median |
|---|---|---|---|---|
| 1 | Switzerland | $710K | Luxembourg | $372K |
| 2 | Luxembourg | $608K | Australia | $262K |
| 3 | Hong Kong | $582K | Belgium | $256K |
| 4 | U.S. | $565K | Hong Kong | $207K |
| 5 | Australia | $546K | New Zealand | $203K |
| 6 | Denmark | $449K | Denmark | $194K |
| 7 | New Zealand | $408K | Switzerland | $171K |
| 8 | Singapore | $398K | UK | $164K |
| 9 | Norway | $383K | Norway | $152K |
| 10 | Canada | $376K | Canada | $143K |
| 11 | Belgium | $362K | France | $141K |
| 12 | Netherlands | $362K | Netherlands | $117K |
| 13 | UK | $350K | Italy | $114K |
| 14 | France | $329K | U.S. | $112K |
| 15 | Sweden | $319K | Spain | $111K |
| 16 | Taiwan | $303K | Taiwan | $111K |
| 17 | Germany | $265K | Japan | $107K |
| 18 | Israel | $261K | Singapore | $105K |
| 19 | Austria | $256K | Malta | $102K |
| 20 | Ireland | $250K | South Korea | $96K |
Footer: All figures in 2023 USD. Source: UBS Global Wealth Report 2024. Visual Capitalist; Voronoi by Visual Capitalist, Where Data Tells the Story.
Why median wealth tells a different story
Average wealth is total household wealth divided by the number of adults, so a small number of very rich people can pull it up. Median wealth is the wealth of the adult in the middle when everyone is ranked, so it is much less affected by billionaires [1].
The gap between the two figures is a rough sign of how unevenly wealth is spread. On the chart, average wealth in the US is about five times its median, and in Switzerland about four times. In Belgium the ratio is about 1.4 and in Luxembourg about 1.6 (our arithmetic from the graphic’s figures). Visual Capitalist notes that the US result suggests a large share of wealth is held by a small group, while countries that rank high on both measures, such as Luxembourg and Denmark, likely have a more even distribution [1].
Median wealth by country in later UBS reports
The rankings move a little each year. A Voronoi chart of the UBS Global Wealth Report 2025 puts Luxembourg first for median wealth at $395,000, ahead of Australia ($268,000) and Belgium ($254,000). In that edition Switzerland leads average wealth at $687,000 and is fourth for median wealth at $222,000, and the US is second for average wealth ($621,000) but 15th for median wealth ($124,000) [2]. Wikipedia’s list, which draws on the UBS Global Wealth Report 2026, also has Luxembourg at the top of the median table [3].
Notes on this infographic
- Visual Capitalist’s table gives the exact values behind the rounded labels, for example Switzerland $709,612 average and Luxembourg $372,258 median [1].
- Belgium and the Netherlands both show $362K average, and Spain and Taiwan both show $111K median; the order follows the unrounded figures [1].
- Data date: UBS Global Wealth Report 2024, figures for 2023. Newer editions give different values (see above).
Questions about median wealth by country
What is median wealth?
Median wealth is the middle value when every adult’s wealth is arranged in order, so half of adults have more and half have less. It is less affected by very large fortunes than average wealth [1].
What is the difference between average wealth and median wealth?
Average (mean) wealth divides a country’s total wealth by its number of adults, while median wealth is the wealth of the person in the middle [1]. When a few people hold very large fortunes, the average rises well above the median, as it does for the US on this chart ($565,000 against $112,000).
Which country has the highest median wealth per adult?
Luxembourg, with median wealth of $372,000 per adult in 2023 US dollars, according to the UBS Global Wealth Report 2024. Australia is second at $262,000 and Belgium third at $256,000. In the UBS Global Wealth Report 2025, Luxembourg is still first at $395,000, ahead of Australia ($268,000) and Belgium ($254,000) [2].
What is the median wealth per adult in the US?
The US has median wealth of $112,000 per adult, 14th on the chart, according to the UBS Global Wealth Report 2024 in 2023 US dollars. Its average wealth is $565,000, fourth highest, so the average is about five times the median. In the 2025 edition the US is 15th for median wealth at $124,000 and second for average wealth at $621,000 [2].
Sources
- Marcus Lu (design Miranda Smith), Visual Capitalist, Ranked: Top 20 Countries by Average vs. Median Wealth, 4 December 2024 (original post).
- Voronoi, Top Countries by Average and Median Wealth per Person, 21 August 2025 (UBS Global Wealth Report 2025).
- Wikipedia, List of countries by wealth per adult.
Last reviewed 30 October 2026
