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The world has become richer; Switzerland is at the top

October 21, 2013

Switzerland is at the top of the richest countries in the world, while the United States is ranked  5.
According to a report by Swiss Credit Bank, North America is the richest region with Europe and Asia. The wealth of North America has increased with the rise in property prices and shares price that drove the Dow to record levels.

Globally, the world has become richer than ever, an increase of 4.9% or an increase of 241 trillion dollars.
The global rise will continue to increase over the next five years, to about 334 trillion in 2018, or an increase of 39%.
The vast majority of global growth, nearly three-quarters, will be in the region of Asia and the Pacific, according to the report.

It is noteworthy that seven of the richest countries in the world according to income per person are in Europe, Switzerland is first, Norway third, Luxembourg fourth, Sweden sixth, France seventh, Belgium ninth, and Denmark in the tenth.

China will surpass Japan in 2016 to become the second richest economy in the world, while the expected number of millionaires in China will increase by 88%.




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