Talk:List of countries by total wealth

Australia's National Wealth too high

Australia, with a population of 22 million, reportedly has $ 7.6 trillion in net worth. This seems implausible, given that countries with much bigger populations such as Canada or South Korea have a lot less, somewhere around at $ 5 trillion. I've checked the link, and the link does say so, but can anyone verify this information? I am sure the Australians do well, but I highly doubt they do twice as better as their peers in other developed countries... (1tephania (talk) 06:30, 22 February 2011 (UTC))

I believe it is full of lies. 2001:8003:A9C1:7F00:909A:C1C5:209:304D (talk) 06:06, 26 April 2023 (UTC)

National household wealth misdefined

The article says, "In the USA, the figure regularly reported by the Federal Reserve of the US is household net worth, and includes corporations as they are essentially owned by American households." This is incorrect. It includes households and non-profit corporations. I can't find a quote from the Federal Reserve itself saying how they define the term, however.Philgoetz (talk) 18:09, 19 July 2013 (UTC)

Comparison to September 2013 PP&ER Report of Allianz S.E.

An interesting comparison might be the numbers of Allianz in their latest (2013) "Global financial assets of private households" publication. They seem to use the same definition, but focus only on private households, which leads to quite different outcomes.. --Philipp Grunwald (talk) 21:46, 22 September 2014 (UTC)

Error in the entire structure of the article?

I've read the article. Are we sure that net national wealth and gross national wealth are the same thing? For example: The first table is named: The 30 Largest Countries by Net National Wealth (in billions USD). Are we sure that it can be called net national wealth and not gross national wealth? Enclosure 4 https://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=25EC6CF2-0407-67D9-AAEAAE8BDFEDE378 report the total (gross) wealth and from that data it is possible to calculate net wealth data. For example (pag 93) in the year 2014 USA has 83,708 $ billion total wealth but to calulate real net wealth we must multiply adult population 240,648,000 X avarage debt 57,826 = 13,915 billion and subtract this number from gross wealth. So net wealth is about 70,000 billion. — Preceding unsigned comment added by Fanaval (talk • contribs) 14:59, 27 May 2015 (UTC)

why is an error?. --Bolzanobozen (talk) 11:41, 27 August 2017 (UTC)

Israel's wealth

According to this source:https://ref-inst.org/en/wealth-distribution-in-israel/, the wealth of Israel is 5.24 trillion shekels, or $1,430,864,000,000. Thus, it should be changed. — Preceding unsigned comment added by WakandaForever2018 (talk • contribs) 11:34, 21 August 2018 (UTC)

Hi , tell me , the data is for this year? However According to Credit Suisse , the Net worth of Israel is different. Please do not add source that dont belongs to the List Published by Credit Suisse thanks.LuigiPortaro29 (talk) 12:17, 21 August 2018 (UTC)

And just why is Credit Suisse the final and only authority? I think multiple sources would provide some cross-checking for accuracy. — Preceding unsigned comment added by 2001:FB1:164:CDEC:F016:8D47:12B7:C3B2 (talk) 14:25, 18 December 2021 (UTC)

Is this sentence off topic?

I recently removed this sentence as off topic:

Countries with more aged population like Germany and Italy would have higher relative wealth, if calculated per capita and not per adult.

Brushandcomber reverted without much explanation in the edit summary. To explain my reasoning further, this sentence seems off-topic because this list does not calculate wealth per adult. The page List of countries by wealth per adult does do that, and this sentence also appears there, where it seems appropriate. I assume it was just copied between pages at some point. Am I missing a reason why this should also be on this article? -- Beland (talk) 14:19, 13 October 2018 (UTC)

I agree with you. the sentence Countries with more aged population like Germany and Italy would have higher relative wealth, if calculated per capita and not per adult. belongs to the page List of countries by wealth per adult and not here.LuigiPortaro29 (talk) 15:31, 13 October 2018 (UTC)

I also agree. It does not make sense being here. --Timeshifter (talk) 15:44, 13 October 2018 (UTC)

The sentence has been removed. -- Beland (talk) 16:49, 14 October 2018 (UTC)

Ok.I set that Credit Suisse Report is not updated about italy.Credit Suisse roprts data from Ccntral banks, trade balances and regressions, it depends on how countries are developed. Central bank data are the sharpest. Italian central bank (Banca d'Italia) reports that last report about buildings is reffered to 2015 and it undervalues italian national wealth for about 0.7 trillions €. It'll be updated next months by ISTAT ( Italian statal statistical institute). Credit Suisse is undervaluing because of this Italian national welath. This must be specified because it's known in statistical world. Brushandcomber (talk) 08:01, 14 October 2018 (UTC) strike sock comments--Jezebel's Ponyo^{bons mots} 17:48, 15 October 2018 (UTC)

I'm not sure what that has to do with the sentence in question. -- Beland (talk) 16:42, 14 October 2018 (UTC)

the data is from assets of individuls (financial and non-finacial) plus population, not real national wealth which should include resourses. — Preceding unsigned comment added by 112.80.111.112 (talk) 16:27, 19 December 2018 (UTC)

References

Wealth of Canada contradiction in 2005

It appears as though the wealth of Canada has 2 entries for the period of 2005, being both 4,357 and 1,445 and placing it at both 9th and 17th place. Credit Suisse only references 2010 and onwards via the inline citation. ZachT1234 (talk) 12:45, 29 December 2020 (UTC)

Are the Wealth-to-GDP ratios in the quoted sources?

I couldn't find them there. If they're a WP:SYNTHESIS of the sources, unfortunately they breach WP:NOR:

Do not combine material from multiple sources to reach or imply a conclusion not explicitly stated by any of the sources.

— 𝐆𝐮𝐚𝐫𝐚𝐩𝐢𝐫𝐚𝐧𝐠𝐚 ☎ 08:00, 5 July 2021 (UTC)

2021 data released

The year 2021 data for countries' total wealth has been released. This article should be updated accordingly. — Preceding unsigned comment added by 2409:4050:2EC4:D729:B4EE:BCB8:DD81:58AB (talk) 16:33, 18 November 2021 (UTC)

Guatemala is missing

I was searching for Guatemala and it's not on the list. Did they change the name of the country or something? — Preceding unsigned comment added by 2001:FB1:164:CDEC:F016:8D47:12B7:C3B2 (talk) 13:03, 18 December 2021 (UTC)

Honduras is missing too. It's like low wealth countries in Latin America are not important enough for you to even consider, even though there are other less wealthy and smaller nations that are on the list from other continents. — Preceding unsigned comment added by 2001:FB1:164:CDEC:F016:8D47:12B7:C3B2 (talk) 13:15, 18 December 2021 (UTC)

Macedonia and North Macedonia are missing!

What's the point of a list where it's absurdly incomplete? You might as well not publish a list if you can't be bothered to complete it. — Preceding unsigned comment added by 2001:FB1:164:CDEC:F016:8D47:12B7:C3B2 (talk) 14:21, 18 December 2021 (UTC)

Why only for households?

What about rest of the sectors like non financial and financial businesses 2405:201:800B:A8E4:A88D:217E:637B:ABCE (talk) 04:58, 22 December 2021 (UTC)

McKinsey's Report

A different source - McKinsey's report, mentioned the total national wealth of China had surpassed the US.

Some news agencies, including Bloomberg and Nikkei had reported it.

Could someone elaborate the different methodologies of measurement? — Preceding unsigned comment added by 142.186.93.240 (talk) 18:36, 22 December 2021 (UTC)

McKinsey talks about total wealth, whereas this article uses the Credit Suisse reports, which only reports household wealth. (But this article uses the wrong title of "total" wealth"

Your source, in the first paragraph of page 10 says, "UK and US governments are net borrowers that have not built public wealth commensurate with debt"(negative government wealth), but for China, it says, "Public net worth was sizable, particularly in China, at 1.8 times GDP (due to sizable land ownership and high investment in state-owned firms)" (positive government wealth). — Preceding unsigned comment added by Qwertzy (talk • contribs) 07:14, 30 January 2022 (UTC)

References

El salvador is missing

Other low income countries listen but no Salvador 172.58.160.138 (talk) 08:15, 24 March 2022 (UTC)

The Asia-Pacific total is not correct

The Asia-Pacific region total is almost the same as China alone. If you sum all the regions you only get about 80%Lvillescout (talk) 15:18, 28 April 2022 (UTC)

Semi-protected edit request on 11 May 2022

Change Germany being in Western Europe to Central Europe and UK to Western Europe Odoaker Valdas (talk) 09:10, 11 May 2022 (UTC)

 Not done for now: please establish a consensus for this alteration before using the {{edit semi-protected}} template. ScottishFinnishRadish (talk) 09:20, 11 May 2022 (UTC)

Pie chart doesn’t match data - US (30%+) same size as China at 19% and “other” category at 20%+

Pie chart doesn’t match data - US (30%+) same size as China at 19% and “other” category at 20%+ Asurkov1 (talk) 02:25, 16 February 2023 (UTC)

Seems to have been fixed, but there's another problem with the pie chart. It's shoving the main content of the article down, creating an empty box. Wizmut (talk) 09:41, 16 December 2023 (UTC)

India's contribution to the world's economy

India is one of the fastest-growing and most influential economies in the world. Its contribution to the global economy is expected to increase in the coming years, as it pursues its vision of becoming a developed nation by 2047. In this essay, I will discuss how India can contribute to global economic growth and stability through its domestic policies, its engagement with other countries, and its leadership on global issues.

First, India can contribute to global economic growth through its domestic policies that aim to improve its infrastructure, attract foreign investment, and promote entrepreneurship. India has implemented a series of economic reforms over the past few years, such as the Goods and Services Tax (GST), the Insolvency and Bankruptcy Code (IBC), and the Ease of Doing Business (EODB) initiatives. These reforms have improved the business environment, reduced corruption, and increased tax compliance in the country. India has also launched several flagship programs, such as Make in India, Digital India, Skill India, and Startup India, to boost its manufacturing, digital, and innovation sectors. These policies have led to an increase in foreign investment and improved economic growth. For example, India received a record $64 billion in foreign direct investment (FDI) in 2022, and its GDP growth rate was 7.2% in 2022-2023, the second-highest among the G20 countries¹².

Second, India can contribute to global economic growth through its engagement with other countries on issues related to international trade and investment. India is a strong advocate of free and fair trade, and a supporter of the multilateral trading system. India is a member of the World Trade Organization (WTO) and has been involved in negotiations on various trade issues, such as agriculture, services, and intellectual property rights. India is also a part of several regional and bilateral trade agreements, such as the Regional Comprehensive Economic Partnership (RCEP), the Comprehensive Economic Cooperation Agreement (CECA) with Singapore, and the Preferential Trade Agreement (PTA) with Chile. India's trade with other countries has increased over the years, reaching $617 billion in 2022-2023, with exports accounting for $330 billion and imports for $287 billion³. India's trade policy aims to diversify its export basket, enhance its competitiveness, and integrate with global value chains.

Third, India can contribute to global economic growth and stability through its leadership on global issues, such as climate change, energy security, and digital development. India is a responsible and proactive player in the global arena, and has taken several initiatives to address these challenges. For instance, India is a founding member of the International Solar Alliance (ISA), a coalition of 121 countries that aims to promote solar energy and reduce dependence on fossil fuels. India has also committed to reduce its greenhouse gas emissions by 33-35% by 2030 from the 2005 level, and to achieve 40% of its electricity generation from non-fossil fuel sources by 2030⁴. India is also a leader in digital development, and has launched several projects to improve digital infrastructure and access to technology, such as the BharatNet project, the Aadhaar project, and the Unified Payments Interface (UPI) system. India's digital economy is expected to reach $1 trillion by 2025, creating new opportunities for growth and innovation.

In conclusion, India is a key growth engine for the world, contributing 16% to the global growth in 2023¹. India's contribution to the global economy is expected to increase, taking its share of global growth to 18% by 2025. India can play a defining role in shaping the future of the global economy by pursuing its domestic policies, engaging with other countries, and leading on global issues. India's vision of becoming a developed nation by 2047 can set an example for inclusive, sustainable, and digital economic growth. 🇮🇳

Word count: 500 Mahatma kale (talk) 12:24, 23 January 2024 (UTC)