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The increase in the wealth of the Iraqi individual..and this is his share of the GDP

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The increase in the wealth of the Iraqi individual..and this is his share of the GDP

economy  Iraqi per capita income
2021-07-27 23:21

Shafaq News/
The Swiss Credit Suisse Bank revealed, on Wednesday, that the size of the Iraqi individual's wealth amounted to more than 14 thousand dollars until 2020, and his share of the domestic product amounted to more than 8 thousand dollars.

According to the Global Wealth Report for the year 2021 issued by the Swiss Bank Credit Suisse and seen by Shafak News Agency, "the wealth of the Iraqi individual rose from 2,808 thousand dollars in 2000 to 14,506 thousand dollars in 2020, that is, it jumped by 416.6 percent during two decades,

while it reached The total wealth in Iraq is 308 billion dollars, which constituted 0.07 percent of the total wealth in the world in 2020, and the per capita GDP reached 8,204 thousand dollars
.

According to the Credit Suisse report, "Switzerland was ranked as the richest country in the world in terms of average wealth per capita of nearly $674,000, and the United States came in second place, with an average per capita wealth of $505.42 thousand."

Hong Kong ranked third in the list, with a wealth of 503.34 thousand dollars for each person, Australia came fourth with an average of 483,760 thousand dollars, while the Netherlands came in fifth place with an average wealth per capita of 377.09 thousand dollars per person, Denmark came sixth with an average of 376 thousand dollars, and Belgium came seventh An average of $351,000.

In the Arab world, Qatar came first in terms of average wealth per capita, with an average of 146.73 thousand dollars, followed by the UAE with an average of 115,476 thousand dollars per person, and Bahrain ranked third with 87,559 thousand dollars per person.

The Credit Suisse report measures average individual wealth based on per capita GDP, stock market indices, stock and asset prices, the exchange rate, and real estate prices.

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