Here's how wealthy the average family is in 35 countries around the world
- 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:
