Australia is among the richest countries in the world, ranked fifth in terms of household wealth on a country-by-country basis, with average wealth per capita rising above US$50,000, according to a Credit Suisse report.
Australia, which accounts for just 0.33 percent of the global population, ranked fourth in the world for the number of millionaires as well—increasing 35 percent from 2020-2021 to over 2.1 million individuals.
