Canada ranks among the 15 richest countries in the world

 

 

 

 

According to the 2026 Global Wealth Report released by leading international financial services group UBS, Canada has also made it to the list of the 15 richest countries in the world. Canada is ranked 13th globally in terms of average personal wealth per capita. According to the report, the average wealth of an adult in Canada is 399,886 US dollars. Strong economic balance in the market and good growth in investment sectors have kept the country at the forefront internationally.

While Switzerland continues to be at the top of the global ranking with a per capita wealth of 9,10,382 US dollars, the United States is in second place with 696,277 US dollars. North America is the richest region in the world in terms of geographical areas. However, there is a significant difference between average wealth and median wealth in Canada's wealth structure. While median wealth in Canada is better than in the U.S., the report points out that wealth is increasingly concentrated among the wealthy, widening the gap between the rich and the poor. This is evident from the fact that median wealth has fallen in most markets even as global wealth has risen.

Global personal wealth grew by 10.8 percent last year, supported by strong financial markets and other non-financial assets, according to a Swiss bank report. UBS estimates that nearly one million new millionaires emerged worldwide during the same period, with nearly half of them in the United States. While the rise in the number of millionaires globally is a sign of rising living standards, economists say the growth is not reaching all segments of the population equally.