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Ranking of Average Wealth Per Adult in Southeast Asian Countries

Ranking of Average Wealth Per Adult in Southeast Asian Countries
Hanoi Street food © Hanoi ebuddies

According to the eighth edition of the Global Wealth Report, in the year to mid-2017, total global wealth rose at a rate of 6.4 percent, the fastest pace since 2012 and reached US$280 trillion, a gain of US$16.7 trillion.

This reflected widespread gains in equity markets matched by similar rises in non-financial assets, which moved above the pre-crisis year 2007's level for the first time this year.

Wealth growth also outpaced population growth, so that global mean wealth per adult grew by 4.9 percent and reached a new record high of US$56,540 per adult.

In Southeast Asia region , Singapore tops the list the world in terms of household wealth per adult, and number one in Asia.

Singapore’s average wealth per adult rose from $115,560 (S$157,092) per adult in 2000 to $268,780 in mid-2017.

From 2000 to 2012, personal wealth per adult grew strongly in Singapore mainly because of high savings, asset price increases, and a favorable rising exchange rate from 2005 to 2012.

What about other countries in the region? Here's average wealth per adult* in SEA countries, ranked.

*These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, incidence in a country of the adult population, human resources, natural resources and capital and technological advancements (which may create new assets or render others worthless in the future).

 

 

1. SINGAPORE: Rank #12

2016: 265,396

2017: 268,776

Source Image: Cruise Connections
Source Image: Cruise Connections

 

2. MALAYSIA: Rank #58

2016: 23,945

2017: 22,804

Source Image: World of Buzz
Source Image: World of Buzz

3. INDONESIA: Rank #85

2016: 10,705

2017: 11,001

Source Image: Pinterest
Source Image: Pinterest

4. PHILIPPINES: Rank #87

2016: 10,228

2017: 9,773

Filipino women | Google Images
Filipino women | Google Images

5. THAILAND: Rank #92

2016: 7,858

2017: 8,311

Source Image: Real Life in Phuket
Source Image: Real Life in Phuket

6. VIETNAM: Rank #102

2016: 5,226

2017: 5,391

Vietnam people city views | Pinterest
Vietnam people city views | Pinterest

7. CAMBODIA: Rank #109

2016: 3,636

2017: 3,881

Source Image: The Cambodia Daily
Source Image: The Cambodia Daily

 

Source: Global Wealth Report 2017, Singapore Business Review

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