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Posts Tagged ‘Denmark’
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October 31, 2018

THE AVERAGE HOUSEHOLD WEALTH IN SOUTH AFRICA VS THE WORLD

The group lists South Africa as having the 37th highest average net household wealth among the countries assessed, with EUR 7,770 per capita (±R127,300), up from EUR 7,080 in 2017 (±R116,000). In its 2018 report, Allianz focused in on the imbalances that exist between the average wealth held per capita compared to the median wealth per capita, noting that there are more countries (30 in total) in which distribution, based on development of median assets, has improved since the turn of the millennium. This shows an overall improvement in the wealth of any given country – however, South Africa is not one of those. South Africa, Allianz said, is a country with a reputation for distorted [...]

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