[PDF] richest city in germany 2019

How much wealth does Germany have?

The median household in eastern Germany had wealth of €23,400 in 2017; the median house- hold in western Germany, by contrast, had approximately four times as much wealth, at €92,500. The lower proportion of home owners in the eastern states presumably plays a role here.

Which country is the richest in the world?

Since the year 2000, wealth per adult in Switzerland has risen by 144% to USD 564,653. The country heads the global ranking this year, as it has in every other year, dis regarding small countries like Iceland, for which the data is less reliable.

What is the cut-off point for the wealthiest 10% in Germany?

The cut-off point at which a household can be counted among the wealthiest 10% in Ger- many can also be determined by ranking households according to net wealth. This limit, known as the 90th percentile, stood at €621,000 for gross wealth and €555,400 for net wealth.

Is Germany a country of unequal wealth distribution?

Germany re- mains a country in which wealth is distributed unequally. The PHF study testifies to the fact that wealth distribution and the underlying portfolio struc- tures of Germany’s households are changing only slowly.