Global wealth highest in history despite downturn
Despite the financial crisis of 2008 and the difficulties in the Eurozone, global wealth has more than doubled since 2000, reaching over £150 trillion, according to the latest global wealth report from Credit Suisse.
Economic growth in developing countries and rising populations have played a significant part in the figures. Aggregate total wealth rocketed past the pre-crisis peak in 2010 and has been climbing higher ever since. Average wealth per adult has reached £32,167 after a rise of 4.9 per cent during the year to mid-2013.
Change in household wealth by region 2012-2013:
|Region||Total Wealth 2013 (USD billion)||Percentage Change 2012-13|
|Asia-Pacific (including China and India)||73,879||-3.7|
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