The countries that have contributed the most to world wealth are the United States, with more than half of global wealth, and China, with a quarter.
In both countries, those who increased their wealth the most between 2019 and 2022 were the millennials and generation X. By country, the United States was the country whose households increased their wealth the most in 2021, followed by China, Canada, India and Australia.
Africa, Europe, India and Latin America together accounted for just 11.1% of the growth in global wealth. This low figure is due to the generalized depreciation of these regions against the US dollar.
Wealth forecasts in times of inflation
The Credit Suisse report highlights that given the war between Russia and Ukraine and global inflation, the creation of wealth could be reduced.
By 2026, wealth is estimated to increase by $169 trillion, an increase of 36%.
Although low- and middle-income countries currently account for 24% of wealth, they will be responsible for 42% of its growth over the next five years.
