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Taiwan’s private wealth per person ranked 5th highest globally

Focus Taiwan
Date: 2017/09/27
By: Tsai Yi-chu and Kuan-lin Liu

Taipei, Sept. 27 (CNA) Taiwan ranked fifth in the world in 2016 in terms of net

Image taken from Pixabay

financial assets per capita, also known as private wealth per person, according to Allianz’s latest Global Wealth Report published Wednesday.

The Allianz report, which assesses the financial situation of more than 50 countries worldwide, found that Taiwan’s net financial assets per capita were $92,360 euros (NT$3.27 million), the fifth highest globally.

In the Asian region, Taiwan was second only to Japan, whose net financial assets per capita were assessed at $96,890 euros (NT$3.47 million).

It was Taiwan’s best ranking to date in the Global Wealth Report, which showed that country’s household asset growth rate had tripled to 10 percent since 2015.
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