Key points from the chart
- The USA had by far the most US dollar millionaires in 2023, 21.95 million, up from 7.64 million in 2000.
- China grew fastest, from 0.04 million in 2000 to 6.01 million in 2023, yet millionaires were only 0.4% of its population.
- Australia had the highest share, 7.3% of its population, followed by the USA at 6.6%.
- Japan grew least since 2000, from 2.47 million to 2.83 million.
- The UK is the only country forecast to fall, from 3.06 million in 2023 to 2.54 million in 2028.
Number of millionaires in the world’s leading countries, in text
Title: “Number of Millionaires Keeps Rising”. Subtitle: “Number of dollar millionaires (in millions) in selected countries in 2000, 2023 and forecast for 2028”. Each country has three bars (2000, 2023 and 2028*) and a yellow circle sized by the share of its population who were millionaires in 2023. Note: “* forecast”. Source line: “Sources: UBS – Global Wealth Reports 2023 and 2024, World Bank”. The chart carries the Statista logo and a Creative Commons licence (attribution, no derivatives).
Figures are in millions of people, in the order printed. The total row is our own sum.
| Country | 2000 | 2023 | 2028 (forecast) | Share of the population in 2023 |
|---|---|---|---|---|
| USA | 7.64 | 21.95 | 25.43 | 6.6% |
| China | 0.04 | 6.01 | 6.51 | 0.4% |
| France | 0.40 | 2.87 | 3.32 | 4.2% |
| Japan | 2.47 | 2.83 | 3.63 | 2.3% |
| Germany | 0.62 | 2.82 | 3.23 | 3.3% |
| UK | 0.72 | 3.06 | 2.54 | 4.5% |
| Canada | 0.27 | 1.99 | 2.40 | 5.0% |
| Australia | 0.11 | 1.94 | 2.33 | 7.3% |
| Total of the eight (our arithmetic) | 12.27 | 43.47 | 49.39 |
What the numbers show
Across the eight countries the count rose from about 12.3 million millionaires in 2000 to about 43.5 million in 2023 (our arithmetic), and the forecast for 2028 adds roughly another 6 million. The USA accounts for half of the 2023 total on its own.
Growth rates differ widely. China’s figure rose about 150 times over 23 years, Australia’s about 18 times and Canada’s about 7 times, while Japan’s rose by about 15% (our arithmetic from the chart). The population shares tell a different story from the counts: China is second by number but last by share, and Australia is last by number but first by share.
The forecasts point up for every country except the UK. Japan’s forecast is the largest proportional jump among the others, from 2.83 million to 3.63 million.
The latest figures from Statista
Statista has since updated this chart with UBS data for 2024 [1]. The update says more than 680,000 people became millionaires in 2024, and that the countries analysed went from 14.7 million millionaires in 2000 to almost 60 million in 2024 [1]. The USA had 23.8 million, about 7% of its population, China 6.3 million (0.4%) and France 2.9 million (4.2%) [1]. UBS still forecasts fewer millionaires in the UK in 2028 than in 2024, a fall of 3.1% or around 81,500 people, and the Netherlands is the other exception to the general rise [1].
Notes on this infographic
- Older edition. This is the edition with 2023 data. The chart on Statista’s page now shows 2024 figures, so some numbers differ from the ones above [1].
- Selected countries. The chart covers eight countries, not the whole world, so the total row is not a world figure.
- Row order. The rows are not sorted by the 2023 values; the UK (3.06 million) is printed below France, Japan and Germany.
- Forecasts. The 2028 values are UBS projections, not counts.
Questions about the number of millionaires
How many millionaires are there in the world?
The chart does not give a world total. The eight countries shown had about 43.5 million US dollar millionaires in 2023 (our sum of the chart’s figures), and Statista’s update puts the countries analysed by UBS at almost 60 million in 2024 [1].
How many Americans have a net worth of $1,000,000 or more?
The chart shows 21.95 million US dollar millionaires in the USA in 2023, 6.6% of the population, with 25.43 million forecast for 2028. Statista’s update gives 23.8 million for 2024, about 7% of the population [1].
Which country has the highest percentage of millionaires?
Of the eight countries in the chart, Australia had the highest share in 2023, with millionaires making up 7.3% of its population. The USA was second at 6.6%, followed by Canada at 5.0% and the UK at 4.5%. China had the lowest share, 0.4%, even though its 6.01 million millionaires made it second by number.
Is the number of millionaires in the UK falling?
Yes, according to UBS forecasts. The chart shows the UK with 3.06 million US dollar millionaires in 2023, forecast to fall to 2.54 million in 2028, the only one of the eight countries expected to decline. Statista's later update says UBS still forecasts fewer UK millionaires in 2028 than in 2024, a fall of 3.1% or around 81,500 people [1].
Sources
- Statista, The Number of Millionaires Keeps Rising (Anna Fleck; page now shows the 2024 update, based on UBS Global Wealth Reports).
Last reviewed 30 October 2026
