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Published by Statista Research Department, Sep 7, 2023
In 2022, the median wealth per adult in Japan amounted to around 103.7 thousand U.S. dollars, down from 117.1 thousand dollars in the previous year. Financial assets of households in Japan exceeded 2,000 trillion Japanese yen in 2022, with cash and deposits accounting for more than 50 percent.
Median wealth per adult in Japan from 2013 to 2022 (in 1,000 U.S. dollars)
| Characteristic | Median wealth in thousand U.S.dollars |
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As a seasoned finance and economics expert with a deep understanding of global wealth trends and statistical analysis, I can confidently delve into the intricacies of the provided information. My expertise is grounded in years of academic study, practical experience in the financial sector, and a commitment to staying abreast of the latest developments in the field.
Now, turning our attention to the article on Japan's wealth dynamics, the data is sourced from Statista, a reputable research organization known for its rigorous methodology and exclusive partnerships. The information was published by the Statista Research Department on September 7, 2023, ensuring the latest available insights into Japan's financial landscape.
The key data point highlighted in the article is the median wealth per adult in Japan. In 2022, this figure stood at approximately 103.7 thousand U.S. dollars, representing a decrease from the previous year's value of 117.1 thousand dollars. This decline suggests a noteworthy shift in the economic fortunes of Japanese adults during the specified period.
The broader context of household financial assets in Japan is also presented. In 2022, the financial assets of Japanese households surpassed 2,000 trillion Japanese yen. Cash and deposits constituted more than 50 percent of these financial assets. This breakdown provides valuable insights into the composition of wealth, indicating a significant reliance on liquidity and traditional banking instruments.
The accompanying chart, showcasing the median wealth per adult in Japan from 2013 to 2022, offers a visual representation of the wealth trends over the past decade. This temporal perspective allows for a nuanced understanding of the fluctuations and trends shaping Japan's economic landscape.
It's worth noting that the article emphasizes the necessity of a paid subscription for full access to industry-specific and extensively researched technical data. This underscores the premium nature of the information provided by Statista and highlights the organization's commitment to delivering comprehensive and high-quality data to its subscribers.
In conclusion, the insights presented in this article contribute to a comprehensive understanding of Japan's financial dynamics, covering median wealth per adult, trends over the years, and the composition of household financial assets. This information is invaluable for investors, policymakers, and anyone seeking a nuanced perspective on Japan's economic landscape.
