Net National Wealth of top 30 nations

[xhw1986]

1 United States 72,056.557
- European Union 69,984.721
2 Japan 22,604.339
3 China 22,190.674
4 France 14,241.718
5 Germany 12,892.644
6 Italy 11,856.010
7 United Kingdom 11,744.719
8 Canada 6,821.274
9 Australia 6,689.855
10 Spain 4,613.451
11 India 3,612.011
12 Brazil 3,151.424
13 Switzerland 3,127.073
14 South Korea 3,047.801
15 Taiwan 2,786.020
16 Mexico 2,632.248
17 Netherland 2,396.776
18 Sweden 2,185.742
19 Belgium 2,143.710
20 Indonesia 1,868.990
21 Norway 1,420.227
22 Austria 1,378.781
23 Turkey 1,339.165
24 Russia 1,211.305
25 Singapore 1,114.444
26 Denmark 1,068.728
27 Greece 937.638
28 Hong Kong 927.973
29 Colombia 798.853
30 Poland 788.309

National wealth - Wikipedia, the free encyclopedia

 

[Menace2Society]

How the hell does Italy make it ahead of UK?

 

[VCheng]

Source? Units? Relevance?

 

[xhw1986]

Source? Units? Relevance?

National Wealth is the total sum value of monetary assets minus liabilities of a given nation. It refers to the total value of wealth possessed by the citizens of a nation at a set point in time.

This figure is an important indicator of a nation's ability to take on debt and sustain spending, and is influenced by not only real estate prices, but also by the stock market, human resources, technological advancements which may create new assets or render others worthless, national infrastructure and exchange rates.

National wealth can rise and decline, as evidenced in the US data following the 2008 financial crisis.

 

[VCheng]

National Wealth is the total sum value of monetary assets minus liabilities of a given nation. It refers to the total value of wealth possessed by the citizens of a nation at a set point in time.

This figure is an important indicator of a nation's ability to take on debt and sustain spending, and is influenced by not only real estate prices, but also by the stock market, human resources, technological advancements which may create new assets or render others worthless, national infrastructure and exchange rates.

National wealth can rise and decline, as evidenced in the US data following the 2008 financial crisis.

So what is your point in making this thread?

 

[xhw1986]

So what is your point in making this thread?

To show which nation that have most financial wealth.

 

[VCheng]

To show which nation that have most financial wealth.

This number means nothing. It is the capacity for wealth generation that is the key.

 

[Nike]

This number means nothing. It is the capacity for wealth generation that is the key.

how your citizen can give the best education or living standard to his/her child if they don't possess valuable possession or considerable wealth?

 

[ShahidT]

there is a reason why gdp/gni are used as standard measures for national production/value of output.. not some strange list on wikipedia. i mean, belgium has greater total wealth than russia? really?

 

[VCheng]

how your citizen can give the best education or living standard to his/her child if they don't possess valuable possession or considerable wealth?

Again, it is not the possession of wealth that is important, but the capacity for generating it consistently across generations.

 

[Vinod2070]

The list just doesn't seem right. What about the natural resources that these countries have? Are they accounted for?

 

[Donatello]

The list just doesn't seem right. What about the natural resources that these countries have? Are they accounted for?

For that you will need accurate surveys of proven reserves.

 

[Vinod2070]

For that you will need accurate surveys of proven reserves.

True, it can start with what is known about the reserves.

Anyway, it is very difficult to measure national wealth accurately. The GDP measurements etc. are also quite skewed as the same output produced by different people may be valued very differently (e.g. food cooked by a housewife vs. a hotel).

Also the famous part about both creating ad cleaning pollution contributing to GDP. These things should not be taken too seriously and too literally.

 

[narcon]

How the hell does Italy make it ahead of UK?

Just by hairline difference...Check numbers..

With reason ha?
I see some Pakistani feathers ruffled, because their country is NOWHERE vis-a-vis India....Hence weird questions emanating?
This was expected anyway..

 

[JUBA]

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