Why does Australia rank so high in average and median personal wealth?

MoPar~Man

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Here's an article that shows how countries rank on a wealth per person scale, in terms of average and median numbers.

I've seen these sorts of numbers before, and I've always been curious how or why Australia ranks so high. Perhaps our Australian FCBO members can explain this.


Countries-with-the-Highest-Wealt.jpg


Belgium also ranks high. You will note that Germany, France and the UK are not in the top-10. Canada ranks higher than the US when looking at the median numbers.

The numbers come from a UBS wealth report (it shows the top 25 countries which include German, France and the UK):

 
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