- How much money people have in the bank varies widely from country to country.
- The Organization for Economic Cooperation and Development tracks average household financial wealth across its member countries.
- Average net worth (not including real estate equity) ranges from $4,429 in Turkey to $176,076 in the United States.
How much money people have in the bank varies widely from country to country.
The Organization for Economic Cooperation and Development (OECD) is a group of 36 countries around the world, including most of the major developed economies, dedicated to promoting “policies that will improve the economic and social well-being of people around the world,” according to the OECD’s website.
The OECD tracks several economic and social statistics for each of its member countries as part of its Better Life Index program. One of the measures is the average household net financial wealth, or the total value of a household’s assets less liabilities, adjusted for the country’s cost of living, in each member country (with the exception of Lithuania, which only recently joined the OECD and thus is not included in the most recent report.)
It’s worth noting that the OECD statistics do not include real estate or housing wealth, as “such information is currently available for only a small number of OECD countries,” according to the OECD.
Average household wealth varies widely across OECD countries, ranging from a low of $4,429 in Turkey to a high of $176,076 in the United States. Across the entire OECD, the average household wealth was $90,570.
Here's the average household wealth across the OECD countries:
And here's each country's average net financial worth, along with its average household net adjusted disposable income, defined by the OECD as "the amount of money that a household earns, or gains, each year after taxes and transfers," and representing money available for spending.
United States
Average household financial wealth: $176,076
Average household adjusted net disposable income: $44,049
Switzerland
Average household financial wealth: $128,415
Average household adjusted net disposable income: $36,378
Belgium
Average household financial wealth: $104,084
Average household adjusted net disposable income: $29,968
Japan
Average household financial wealth: $97,595
Average household adjusted net disposable income: $28,641
Sweden
Average household financial wealth: $90,708
Average household adjusted net disposable income: $30,553
Netherlands
Average household financial wealth: $90,002
Average household adjusted net disposable income: $28,783
Canada
Average household financial wealth: $85,758
Average household adjusted net disposable income: $29,850
United Kingdom
Average household financial wealth: $83,405
Average household adjusted net disposable income: $28,408
Luxembourg
Average household financial wealth: $74,141
Average household adjusted net disposable income: $41,317
Denmark
Average household financial wealth: $73,543
Average household adjusted net disposable income: $28,950
Iceland
Average household financial wealth: $64,398
Average household adjusted net disposable income: $30,453
Italy
Average household financial wealth: $64,019
Average household adjusted net disposable income: $26,063
Israel
Average household financial wealth: $61,805
Average household adjusted net disposable income: $24,036
Austria
Average household financial wealth: $59,574
Average household adjusted net disposable income: $32,544
France
Average household financial wealth: $59,479
Average household adjusted net disposable income: $31,137
Australia
Average household financial wealth: $57,462
Average household adjusted net disposable income: $33,417
Germany
Average household financial wealth: $57,358
Average household adjusted net disposable income: $33,652
New Zealand
Average household financial wealth: $52,718
Average household adjusted net disposable income: $24,366
Ireland
Average household financial wealth: $43,493
Average household adjusted net disposable income: $25,439
Spain
Average household financial wealth: $35,443
Average household adjusted net disposable income: $23,129
Korea
Average household financial wealth: $33,495
Average household adjusted net disposable income: $21,723
Portugal
Average household financial wealth: $31,877
Average household adjusted net disposable income: $20,519
Finland
Average household financial wealth: $27,972
Average household adjusted net disposable income: $29,374
Czech Republic
Average household financial wealth: $24,258
Average household adjusted net disposable income: $21,103
Hungary
Average household financial wealth: $23,289
Average household adjusted net disposable income: $16,821
Chile
Average household financial wealth: $21,409
Average household adjusted net disposable income: $16,588
Norway
Average household financial wealth: $20,347
Average household adjusted net disposable income: $35,739
Slovenia
Average household financial wealth: $20,048
Average household adjusted net disposable income: $20,505
Greece
Average household financial wealth: $18,117
Average household adjusted net disposable income: $17,002
Latvia
Average household financial wealth: $17,105
Average household adjusted net disposable income: $15,269
Estonia
Average household financial wealth: $16,967
Average household adjusted net disposable income: $18,665
Poland
Average household financial wealth: $14,997
Average household adjusted net disposable income: $18,906
Slovak Republic
Average household financial wealth: $10,846
Average household adjusted net disposable income: $20,265
Mexico
Average household financial wealth: $4,750
Average household adjusted net disposable income: $13,891
Turkey
Average household financial wealth: $4,429
Average household adjusted net disposable income: $17,067