Global Wealth Report: Highest Net Worth Increase in Hungary
ByAinvest
Saturday, Jul 26, 2025 1:46 am ET1min read
UBS--
Among Europe's five largest economies, Italy saw the highest real growth in wealth per adult at 15%, while the UK had the lowest increase at 5.3%. France (10.3%), Germany (9.5%), and Spain (9%) fell in between. Switzerland, the wealthiest country per adult, saw a 7.7% increase. Sweden and other Nordic countries also recorded strong growth, each exceeding 10%.
Outside Europe, South Korea (13.9%), Australia (10.7%), Canada (9.6%), and Japan (8.6%) saw significant gains in 2024. The increase in the US was more moderate at 2.3%. China and Russia recorded notable declines of 6.3% and 8.2%, respectively.
The report also notes that changes measured in local currencies are shown in both average and median values, with a focus on the median for deeper analysis. Only Turkey and Belgium saw a decline in median wealth per adult, with Turkey's decline attributed to a real correction in asset prices following a period of abundant credit and low interest rates.
References:
[1] https://www.euronews.com/business/2025/07/26/global-wealth-report-where-in-europe-did-peoples-net-worth-increase-the-most
[2] https://www.crowell.com/en/insights/client-alerts/eu-adopts-the-largest-ever-trade-countermeasures-against-the-us-to-apply-if-eu-us-trade-negotiations-fail
The UBS Global Wealth Report 2025 shows that Hungary experienced the highest real growth in median wealth per adult between 2023 and 2024, with a 18.6% increase. Other countries with significant growth include Lithuania, Sweden, Italy, and Latvia. Turkey and Belgium were the only EU member states to see a decline in median wealth per adult, with Turkey experiencing a sharp 20.9% drop.
According to the UBS Global Wealth Report 2025, Hungary experienced the highest real growth in median wealth per adult between 2023 and 2024, with a 18.6% increase. This growth was followed by Lithuania (16.9%), Sweden (15.3%), Italy (15%), and Latvia (15%). The report highlights that wealth per adult increased in a majority of European countries during this period, with only Turkey and Belgium seeing a decline in median wealth per adult. Turkey recorded a sharp 20.9% drop, while Belgium experienced a more moderate fall of 5.6%.Among Europe's five largest economies, Italy saw the highest real growth in wealth per adult at 15%, while the UK had the lowest increase at 5.3%. France (10.3%), Germany (9.5%), and Spain (9%) fell in between. Switzerland, the wealthiest country per adult, saw a 7.7% increase. Sweden and other Nordic countries also recorded strong growth, each exceeding 10%.
Outside Europe, South Korea (13.9%), Australia (10.7%), Canada (9.6%), and Japan (8.6%) saw significant gains in 2024. The increase in the US was more moderate at 2.3%. China and Russia recorded notable declines of 6.3% and 8.2%, respectively.
The report also notes that changes measured in local currencies are shown in both average and median values, with a focus on the median for deeper analysis. Only Turkey and Belgium saw a decline in median wealth per adult, with Turkey's decline attributed to a real correction in asset prices following a period of abundant credit and low interest rates.
References:
[1] https://www.euronews.com/business/2025/07/26/global-wealth-report-where-in-europe-did-peoples-net-worth-increase-the-most
[2] https://www.crowell.com/en/insights/client-alerts/eu-adopts-the-largest-ever-trade-countermeasures-against-the-us-to-apply-if-eu-us-trade-negotiations-fail
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet