Saturday, November 23, 2024

Wealthiest 10% of households hold 52% of total net wealth, says OECD report

OECD has published a report on how household wealth is distributed in 28 OECD countries.

  • Wealth inequality is twice the level of income inequality:
  • The wealthiest 10% of households hold 52% of total net wealth
  • 60% least wealthy households own little over 12%

OECD wealth

 

wealth per individual

 

Wealth inequality, measured by net wealth share held by  top 10% households highest in United States, followed by Netherlands and Denmark.

  • The concentration of wealth much higher in US, than in United Kingdom or France.
  • Financial wealth is highest in United States, New Zealand and United Kingdom
  • Real estate wealth is held highest in Luxembourg, Australia, Ireland, Korea, Italy, Portugal.

 

wealth distribution

 

Read more here

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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