Albanians have a wealth of $11.000 per capita: Credit Suisse

Credit Suisse published on Thursday the comprehensive report on global wealth, a unique document of its kind that analyzes wealth and its distribution in all the world’s economies.

The initial report shows that the wealth of Albanians has risen to $24 billion, from $22 billion a year ago.

The new data breaks down this figure and initially shows that the average wealth of Albanians has risen to 11,061 dollars per capita, from $ 9997 a year earlier, which translates into an increase of $ 1100 per capita.

The exchange rate has also been applied to the figure as well as the inflation effect. Credit Suisse presents the distribution of assets on the basis of three categories; those who have a fortune under $ 10,000, those who have a fortune of $ 10,000 to $ 100,000, and those who have a fortune of $ 100,000 to $ 1 million.

What is noticeable, compared to a year ago, is that the first category of those with less than $ 10,000, similarly to that of the wealthy, has shrunk considerably, while the middle layer, which has seen an inflation, has increased from 26% last year to 40.3% this year.

The poor layer has shrunk from 73.3% last year to 59.3% this year.

The rich have, in the meantime, shrunk from 0.7% of the adult population, to only 0.3% of the adult population.

With assets, Credit Suisse refers to the financial as well as the non-financial one, which mostly covers flats.

Credit Suisse explains that, in fact, an Albanian has on average a financial asset of only $2012 per capita, from $1819 a year earlier.

SCAN

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