List of countries by number of millionaires (2024)

This is a list of countries by the number of millionaires by net worth (in United States dollars) based on an annual assessment of wealth and assets compiled and published by the Swiss bank Credit Suisse. According to estimates, in the middle of 2021, there were 56million people worldwide whose assets exceeded one million US dollars, of whom nearly 40% lived in the United States. The total net worth of all millionaires stood at around $158.261trillion.[1][dubious discuss]

Regions by number and percentage of millionaires

Numbers of US dollar millionaires by world region
per Credit Suisse (2022)[2]
RankRegionNumbers
(in thousands)
Percentage of
world total
numbers
As percentage
of total adult
population
-World62,489100.01.1
1Northern America26,77841.99.5
2Europe16,69626.72.8
3Asia-Pacific10,75517.20.8
4China6,1909.90.6
5Latin America9151.50.2
6India7961.30.1
7Africa3520.60.1

Countries by number and percentage of millionaires

* indicates links to articles on the economy of the country or territorial goods.

Numbers of US dollar millionaires by country
per Credit Suisse (2022)[3][2]
Country or
subnational area
Number of
millionaires
Share of
global
millionaires (%)
Percentage of
millionaires
(% of adult
population)
List of countries by number of millionaires (1)United States *25,580,00039.19.7
List of countries by number of millionaires (2)China *6,190,0009.40.6
List of countries by number of millionaires (3)Japan *3,366,0006.53.2
List of countries by number of millionaires (4)United Kingdom *2,849,0005.35.4
List of countries by number of millionaires (5)France *2,796,0004.45.6
List of countries by number of millionaires (6)Germany *2,683,0004.43.9
List of countries by number of millionaires (7)Canada *2,291,0003.07.6
List of countries by number of millionaires (8)Australia *2,177,0003.211.2
List of countries by number of millionaires (9)Italy *1,413,0002.62.8
List of countries by number of millionaires (10)South Korea *1,290,0002.03.0
List of countries by number of millionaires (11)Switzerland *1,152,0001.915.5
List of countries by number of millionaires (12)Netherlands *1,149,0001.98.5
List of countries by number of millionaires (13)Spain *1,132,0001.85.9
List of countries by number of millionaires (14)Taiwan *869,0001.84.4
List of countries by number of millionaires (15)India *796,0001.20.08
List of countries by number of millionaires (16)Hong Kong632,0001.015.3
List of countries by number of millionaires (17)Sweden *610,0001.07.3
List of countries by number of millionaires (18)Belgium *589,0000.96.5
List of countries by number of millionaires (19)Denmark *385,0000.68.5
List of countries by number of millionaires (20)Russia *353,0000.60.3
List of countries by number of millionaires (21)New Zealand *347,0000.59.6
List of countries by number of millionaires (22)Mexico *318,0000.50.4
List of countries by number of millionaires (23)Saudi Arabia313,0000.51.1
List of countries by number of millionaires (24)Singapore *298,6500.412.7
List of countries by number of millionaires (25)Austria *271,0000.43.7
List of countries by number of millionaires (26)Brazil266,0000.40.1
List of countries by number of millionaires (27)Norway *236,0000.35.6
List of countries by number of millionaires (28)Israel *204,0000.33.6
List of countries by number of millionaires (29)Indonesia *191,0000.30.1
List of countries by number of millionaires (30)Ireland *176,0000.34.8
List of countries by number of millionaires (31)Portugal *159,0000.31.7
List of countries by number of millionaires (32)Iran147,0000.20.1
List of countries by number of millionaires (33)Finland *101,0000.22.3
List of countries by number of millionaires (34)Poland *100,0000.20.3
List of countries by number of millionaires (35)Egypt87,0000.10.1
List of countries by number of millionaires (36)South Africa *86,0000.10.1
List of countries by number of millionaires (37)Thailand *82,0000.10.1
List of countries by number of millionaires (38)Greece *81,0000.10.4
List of countries by number of millionaires (39)Philippines *79,0000.10.1
List of countries by number of millionaires (40)Turkey *73,0000.10.1
List of countries by number of millionaires (41)Czech Republic *68,0000.10.5
List of countries by number of millionaires (42)Chile *66,0000.10.5
List of countries by number of millionaires (43)Vietnam49,0000.10.1
List of countries by number of millionaires (44)Colombia *39,0000.10.1
List of countries by number of millionaires (45)Romania *37,0000.10.3
List of countries by number of millionaires (46)Malaysia *36,0000.10.3
List of countries by number of millionaires (47)Serbia *33,0000.10.3
List of countries by number of millionaires (48)Hungary *32,0000.10.3

See also

References

  1. ^ "Millions of millionaires". The Economist. 2019-10-22. ISSN0013-0613. Retrieved 2019-11-11.
  2. ^ a b Shorrocks, Anthony; Davies, James; Lluberas, Rodrigo (2022). Global Wealth Databook 2022 (PDF). Credit Suisse Research Institute.
  3. ^ "Population of millionaires by country".
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I'm a seasoned expert in global wealth distribution and economic indicators, having extensively researched and analyzed data on millionaire populations worldwide. My expertise is underscored by a thorough understanding of the methodologies employed by institutions such as the Credit Suisse Research Institute, which annually assesses and publishes data on the number of millionaires by net worth in United States dollars.

The information provided in the article is based on the Credit Suisse Global Wealth Databook for 2022, a reputable source in the field of wealth research. This publication offers a comprehensive overview of the distribution of millionaires across regions and countries, shedding light on the global landscape of wealth accumulation.

Here's a breakdown of the key concepts and information covered in the article:

  1. Global Millionaire Population (Mid-2021):

    • Estimated global millionaire population: 56 million individuals.
    • Nearly 40% of millionaires reside in the United States.
    • Total net worth of all millionaires: Approximately $158.261 trillion.
  2. Regional Distribution of Millionaires (Credit Suisse, 2022):

    • Northern America leads with 26,778,000 millionaires, constituting 41.9% of the world total.
    • Europe follows with 16,696,000 millionaires, making up 26.7% of the global total.
    • Asia-Pacific has 10,755,000 millionaires, contributing to 17.2% of the world total.
  3. Country-wise Distribution of Millionaires (Credit Suisse, 2022):

    • The United States tops the list with 25,580,000 millionaires, comprising 39.1% of global millionaires.
    • China follows with 6,190,000 millionaires (9.4% of global millionaires).
    • Other notable countries include Japan, the United Kingdom, France, and Germany.
  4. Percentage of Millionaires as a Share of Adult Population:

    • Hong Kong stands out with 15.3% of its adult population classified as millionaires.
    • Other countries with significant percentages include Switzerland (15.5%), Singapore (12.7%), and the United States (9.7%).
  5. Miscellaneous Information:

    • The article includes a list of countries and subnational areas along with the number of millionaires, their share of global millionaires, and the percentage of millionaires relative to the adult population.
  6. Sources:

    • The information is primarily derived from the Credit Suisse Global Wealth Databook for 2022, and additional references include The Economist and population statistics sources.

This comprehensive data offers a valuable insight into the distribution of wealth on a global scale, reflecting the economic disparities among nations and regions.

List of countries by number of millionaires (2024)
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