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National net wealth, also known as national net worth, is the total sum of the value of a country's
asset In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can ...
s minus its liabilities. It refers to the total value of net
wealth Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an I ...
possessed by the residents of a state at a set point in time. This figure is an important indicator of a nation's ability to take on
debt Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase. The ...
and sustain spending and is influenced not only by real estate prices, equity market prices, exchange rates, liabilities and incidence in a country of the population, but also by
human resources Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ...
,
natural resources Natural resources are resources that are drawn from nature and used with few modifications. This includes the sources of valued characteristics such as commercial and industrial use, aesthetic value, scientific interest and cultural value. ...
and capital and technological advancements, which may create new assets or render others worthless in the future. The most significant component by far among most developed nations is commonly reported as household net wealth or worth, and reflects infrastructure investment. National wealth can fluctuate, as evidenced in the United States after the
Great Recession The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At ...
and subsequent economic recovery. During periods when equity markets experience strong growth, the relative national and per capita wealth of the countries where people are more exposed on those markets, such as the United States and United Kingdom, tend to rise. On the other hand, when equity markets are depressed, the relative wealth of the countries where people invest more in real estate and bonds, such as France and Italy, tend to rise instead.


Total wealth by country

* indicates "Wealth in COUNTRY or TERRITORY" or "Economy of COUNTRY or TERRITORY" links.


Countries ranking through time

In the following table are ranked the 30 countries by the largest national net wealth from 2000 to 2021 according to Credit Suisse S.A. (September 2022).


Shares of global wealth

The following table indicates the share of global wealth of the ten wealthiest countries by net national wealth at given years. The share of global wealth of a country that is 5% or greater at a given year is in bold.


See also

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List of countries by financial assets per capita This shows two lists by Allianz A.G and Credit Suisse. List of countries by mean net financial assets per capita by Allianz A.G. (2022) This list shows 57 countries with net financial assets per capita. List of countries by gross financia ...
* G7 *
Distribution of wealth The distribution of wealth is a comparison of the wealth of various members or groups in a society. It shows one aspect of economic inequality or economic heterogeneity. The distribution of wealth differs from the income distribution in that ...
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Affluence in the United States Affluence refers to an individual's or household's economical and financial advantage in comparison to others. It may be assessed through either income or wealth. In absolute terms affluence is a relatively widespread phenomenon in the Unite ...
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Wealth distribution in Europe Wealth is the total sum value of monetary assets and valuable material possessions owned by an individual, minus private debt, at a set point in time. There is a difference between median and mean wealth. Median wealth is the amount that divides ...


References

{{DEFAULTSORT:National Wealth Macroeconomic aggregates total wealth