Behind the U.S. is China, the only other country with a double-digit share of global wealth, equal to 17.7% of wealth or $63.8 trillion. Global wealth distribution in 2019, by net worth of individuals (in millions). Our analysis reveals important insights into the likely demographic and socio-demographic profiles of C… Here’s what you should consider before putting your money in. 2020 Hyundai Tucson Review ... in wealth within China. In China, there are 4.4 million millionaires, an increase of 158,000 on 2018, according to the report, and 10% of the global total. The three other tiers took in new members and the … This year's Global wealth report 2020 examines the impact of the outbreak on wealth and the distribution of wealth. Learn more about how Statista can support your business. China has 1.4 billion potential consumers, but its wealth gap is among the widest in the world, meaning a large portion of the population are relatively poor. But this survey cannot tell us much about the top 1% who hold around 20% of household wealth. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook China had already become a leading luxury market by 2010 and could overtake Japan to become the biggest such market by 2015. This page provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. You need a Single Account for unlimited access. Wealth inequality, also known as the wealth gap, is the unequal distribution of assets among residents of a country. China - China - Population distribution: China’s complex natural conditions have produced an unevenly distributed population. wealth per adult 2019, Ultra high net worth individuals - distribution by region 2019. ... China … Dec 2020. As a Premium user you get access to background information and details about the release of this statistic. and over 1 Mio. The term net worth measures all assets, including homes. This allows us to release inequality estimates that are more reliable – from the bottom to the top of the distribution of income and wealth – and also that span over much longer periods. Until 2020, we expect China to halve its representation in the poor segment and therefore make a significant contribution to the global middle class, reaching 600 million adults. China is the second-largest economy considering nominal GDP, at $14.14 trillion, and the largest using GDP (PPP), which is $27.31 trillion. As young generations usher into adulthood, they inevitably begin to accumulate and inherit wealth, a trend that has broadly remained consistent.. 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