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1、02Editorial05Globalwealth2019:Theyearinreview17Theevolutionofwealthlevels25Theevolutionofwealthdistribution37Wealthoutlook43Wealthofnations44UnitedStates–Growthamidworries45China–Stalledgrowth46India–Stillgrowing47Russia–Changingfortunes48Germany–Holdingpattern49UnitedKingdom–Onthebri
2、nk?50Switzerland–Viewfromthetop51Singapore–Renewedgrowth52Japan–Keepingcalm53SouthKorea–Carryingon54Indonesia–Renewedgrowth55SouthAfrica–Littlemovement56Brazil–SouthAmericangiant57Chile–LatinAmericanwealthleader58Canada–Pausedgrowth59Australia–Stillresilient60Abouttheauthors61Generald
3、isclaimer/importantinformationFormoreinformation,contact:RichardKersleyCoverphoto:GettyImages,AchimThomaeHeadGlobalThematicResearch,GlobalMarketsCreditSuisseInternationalrichard.kersley@credit-suisse.comNannetteHechler-Fayd’herbeChiefInvestmentOfficerInternationalWealthManagementandGl
4、obalHeadofEconomics&ResearchCreditSuisseAGnannette.hechler-fayd’herbe@credit-suisse.comCreditSuisseResearchInstituteresearch.institute@credit-suisse.comcredit-suisse.com/researchinstituteGlobalwealth2019:TheyearinreviewAnthonyShorrocks,JamesDaviesandRodrigoLluberasNowinitstenthedition
5、,theCreditSuisseGlobalwealthreportisthemostcomprehensiveandup-to-datesourceofinformationonglobalhouseholdwealth.Globalwealthgrewduringthepastyear,butataverymodestpace.AlthoughwealthperadultreachedanewrecordhighofUSD70,850,thisisonly1.2%abovethelevelofmid-2018,beforeallowingforinflatio
6、n.WhilemorethanhalfofalladultsworldwidehaveanetworthbelowUSD10,000,nearly1%ofadultsaremillionaireswhocollectivelyown44%ofglobalwealth.However,thetrendtowardincreasinginequalityhaseased,andtheshareofthetop1%ofwealthholdersisbelowtherecentpeakin2016.Figure1:Annualcontribution(%)togrowth
7、ofwealthperadultbycomponent,2000–1920151050-5-10-1501020304050607080910111213141516171819FinancialwealthNon-financialwealthDebtNetworthSource:JamesDavies,RodrigoLluberasandAnthonyShorrocks,Globalwealthdatabook2019ProspectsforglobalwealthgrowthThewealthgrowthspurtin2017evokedmem-ories
8、ofthe