Wealth distribution in Europe - Where are adults richest and poorest?
Wealth inequality across Europe is stark. People in some countries are much wealthier than others. Adult wealth shows a stark divide between the richest and poorest nations.
Net worth, or wealth, is the total value of what a household owns minus what it owes. It includes financial assets and real assets, primarily housing. Debts are then subtracted from this total.
According to the Global Wealth Report 2025 by UBS, and additional data shared with Euronews, the average wealth per adult in 2024 varied widely across 31 European countries. It ranged from €29,923 in Turkey to €634,584 in Switzerland.
Within the EU, the gap was slightly smaller, but still significant. Average wealth per adult ranged from €44,568 in Romania to €523,591 in Luxembourg.
Switzerland and Luxembourg are the only two countries with average wealth for adults above 500,000 euros. Denmark ranks third with 444,898 euros.
The UK is the wealthiest among major economies, with average wealth above €300,000 in the Netherlands (€342,477), Norway (€340,364), Belgium (€322,805), the United Kingdom (€313,840) and Sweden (€308,935).
This makes the UK the wealthiest among Europe's five largest economies, while Italy has the lowest average wealth among them, at €198,321. The figure is €278,550 in France, €237,172 in Germany and €215,945 in Spain.
The report warns that both average and median wealth for adults have limitations. Each can yield very different results. The median is the exact middle value in the wealth distribution of a population.
The gap between the richest and poorest countries is more than 20 times across Europe. Within the EU, the difference is more than 10 times.
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