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Last Updated : Jun 16, 2018 02:45 PM IST | Source: Moneycontrol.com

Interesting facts about personal wealth growth around the world in 2017

Here's a look at how the global economy grew in 2017, in terms of total personal wealth, according to the 2018 Global Wealth Report by The Boston Consulting Group (BCG).

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The year 2017 was the strongest year of growth for over personal wealth around the globe, according to the 2018 Global Wealth Report by The Boston Consulting Group (BCG). (Image: Reuters)
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The year 2017 was the strongest year of growth for over personal wealth around the globe, according to the 2018 Global Wealth Report by The Boston Consulting Group (BCG). (Image: Reuters)

India | Total personal wealth grew by 15 percent in 2017, from the previous year. It is expected to grow at a compound annual growth rate (CAGR) of 13 percent between 2017-22. India’s investable wealth is expected to grow from 67 percent in 2017 to 70 percent in 2022 growing at CAGR of 14 percent. (Image: Reuters)
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India | Total personal wealth grew by 15 percent in 2017, from the previous year. It is expected to grow at a compound annual growth rate (CAGR) of 13 percent between 2017-22. India’s investable wealth is expected to grow from 67 percent in 2017 to 70 percent in 2022 growing at CAGR of 14 percent. (Image: Reuters)

Global | Overall, global wealth in both investable and non-investable assests, grew by around 12 percent in 2017 from the previous year. Global wealth per capita is expected to grow from $33,000 in 2017 to $53,000 in 2022. (Image: Reuters)
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Global | Overall, global wealth in both investable and non-investable assests, grew by around 12 percent in 2017 from the previous year. Global wealth per capita is expected to grow from $33,000 in 2017 to $53,000 in 2022. (Image: Reuters)

The report states that global investable assets held by affluent individuals in 2017 was around $17.3 trillion and would grow to $24.7 trillion in 2022. Asia, Middle East, Eastern Europe and Central Asia would witness around 14 percent growth in investable assets for affluent individuals during the same period of time, highest in the world. (Image: Reuters)
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The report states that global investable assets held by affluent individuals in 2017 was around $17.3 trillion and would grow to $24.7 trillion in 2022. Asia, Middle East, Eastern Europe and Central Asia would witness around 14 percent growth in investable assets for affluent individuals during the same period of time, highest in the world. (Image: Reuters)

North America | The region remained the richest globally in 2017, in terms of personal wealth. Personal wealth expanded by 8 percent to $86.1 trillion. The per capita wealth here stood at $377,000 in 2017, up from $312,000 in 2016. (Image: Reuters)
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North America | The region remained the richest globally in 2017, in terms of personal wealth. Personal wealth expanded by 8 percent to $86.1 trillion. The per capita wealth here stood at $377,000 in 2017, up from $312,000 in 2016. (Image: Reuters)

Asia | In 2017, personal wealth in Asia grew by 19 percent to $36.5 trillion. Residents of China held nearly 57 percent of that amount. The region regis¬tered a per capita wealth of $13,000. (Image: Reuters)
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Asia | In 2017, personal wealth in Asia grew by 19 percent to $36.5 trillion. Residents of China held nearly 57 percent of that amount. The region regis¬tered a per capita wealth of $13,000. (Image: Reuters)

Latin America | Personal wealth in Latin America rose by 11 percent to $4.1 trillion in 2017. The per capita wealth of $11,000 was slightly less than that in Eastern Europe and Central Asia. (Image: Reuters)
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Latin America | Personal wealth in Latin America rose by 11 percent to $4.1 trillion in 2017. The per capita wealth of $11,000 was slightly less than that in Eastern Europe and Central Asia. (Image: Reuters)

Middle East | Personal wealth in the Middle East rose by 11 percent to $3.8 trillion in 2017. Per capita wealth in the region increased to $18,000 and is expected to grow appreciably, the report states. (Image: Reuters)
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Middle East | Personal wealth in the Middle East rose by 11 percent to $3.8 trillion in 2017. Per capita wealth in the region increased to $18,000 and is expected to grow appreciably, the report states. (Image: Reuters)

Africa | Wealth in the continent increased by around 14 percent to reach $1.6 trillion in 2017. However, at just $3,000, the per capita wealth remained very low. (Image: Reuters)
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Africa | Wealth in the continent increased by around 14 percent to reach $1.6 trillion in 2017. However, at just $3,000, the per capita wealth remained very low. (Image: Reuters)

Eastern Europe and Central Asia | Personal wealth in this part of the world grew by 18 percent to $3.3 trillion in 2017. However, per capita income remained comparatively low at $12,000. (Image: Reuters)
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Eastern Europe and Central Asia | Personal wealth in this part of the world grew by 18 percent to $3.3 trillion in 2017. However, per capita income remained comparatively low at $12,000. (Image: Reuters)

First Published on Jun 16, 2018 02:45 pm
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