X-Y scatter chart and statistics of number and net worth of billionaires by country, as a  function of the country's GDP. Both axis are shown in log scale. The chart shows the scatter of the billionaires' net worth per country (y-axis), as a  function of the country's GDP (;x-axis). The billionaires' wealth is strongly correlated to the country's GDP (r = 0.94, R² = 0.89), but not the least with the GDP per capita (r = 0.07, R² = 0.01).

The chart shows the scatter of the billionaires' net worth per country (y-axis), as a function of the country's GDP (x-axis) (both axis are shown in log scale). The billionaires' wealth is strongly correlated to the country's GDP (r = 0.94, R² = 0.89), but not the least with the GDP per capita (r = 0.07, R² = 0.01). In other words, while a wealthy economy can breed wealthy individuals — it is no surprise that the USA and China have the heaviest group of billionaires — the average financial condition of people, as measured by the GDP per capita, has no bearing on the relative weight of the billionaires' wealth. Low GDP per capita countries such as Brazil or Mexico, exceed in billionaires' wealth the per capita affluent Switzerland.

 

2017 Billionaire Net Worth
Related to Gross Domestic Product (GDP)
by Nation

Nation

Number of billionaires

Net Worth
Total

GDP

Population

GDP per capita

Billionaire net worth as percent of GDP

($US current billion)($US current billion)(million)($US current)
Algeria13.1166.83941.9774,2061.9%
Angola13.1102.62724.2384,1013.0%
Argentina712.4583.16942.84013,4322.1%
Australia3391.01,339.14124.52656,3116.8%
Austria831.2376.9508.62143,7758.3%
Belgium26.7455.08611.25940,3241.5%
Brazil43172.11,774.725206.7608,5399.7%
Canada39133.81,550.53736.57543,2498.6%
Chile1241.4240.79618.22013,41617.2%
China319808.611,007.7211,415.7708,0287.3%
Colombia317.1292.08050.7006,0565.9%
Cyprus616.419.5601.18723,24383.8%
Czech Republic623.5185.15610.84417,54812.7%
Denmark638.6295.0915.70651,98913.1%
Egypt718.1330.77987.2983,6155.5%
Finland712.9231.9505.49442,3115.6%
France38245.12,418.83665.64136,20610.1%
Georgia14.513.9654.2663,79632.2%
Germany114467.83,363.44782.33141,31313.9%
Greece36.5194.85111.11118,0023.3%
Guernsey11.92.7420.06641,35969.3%
Hong Kong67271.1309.2357.41442,32887.7%
Iceland11.816.5980.34450,17310.8%
India101325.52,095.3981,311.4761,59815.5%
Indonesia2053.1861.934261.3413,3466.2%
Ireland834.2283.7034.82461,13412.1%
Israel1854.1299.4168.14435,72818.1%
Italy42151.91,821.49761.27229,9588.3%
Japan33114.54,383.076126.34234,5242.6%
Kazakhstan510.5184.38817.08610,5105.7%
Kuwait45.4114.0413.76929,3014.7%
Lebanon49.047.0855.0418,04819.1%
Liechtenstein12.75.1130.038134,77652.8%
Macau11.046.1780.60278,5862.2%
Malaysia1245.7296.28331.5529,76815.4%
Mexico15116.71,143.793128.0009,00510.2%
Monaco47.16.0630.039198,260117.1%
Morocco34.5100.59334.7952,8784.5%
Nepal11.321.19529.0717436.1%
Netherlands1031.6750.28416.92444,3004.2%
New Zealand211.4173.7544.68537,8086.6%
Nigeria319.6481.066193.8422,6404.1%
Norway1432.4386.5785.25074,4008.4%
Oman36.769.8314.40315,5519.6%
Peru58.4189.11131.9376,0274.4%
Philippines1445.8292.451105.2182,90415.7%
Poland49.9477.06638.21212,5552.1%
Portugal410.7198.92310.60319,2225.4%
Qatar23.7164.6412.46173,6532.2%
Romania11.1177.95421.4498,9730.6%
Russia96386.31,331.208141.3489,09329.0%
Saudi Arabia1042.1646.00230.92320,4826.5%
Singapore2159.4292.7395.81152,88920.3%
Slovakia11.187.2645.46416,0881.3%
South Africa826.6314.57254.1705,7248.5%
South Korea3892.71,377.87350.18827,2226.7%
Spain25124.71,199.05747.46225,83210.4%
St. Kitts and Nevis24.90.8760.05715,772559.1%
Swaziland13.94.1181.3203,20094.7%
Sweden31117.5495.6249.82650,58023.7%
Switzerland36107.4670.7908.40180,94516.0%
Taiwan3175.2519.10023.46522,12314.5%
Tanzania11.445.62855.4398793.1%
Thailand2063.2395.16867.6525,81516.0%
Turkey2948.5717.88078.2289,1266.8%
Ukraine610.690.61544.0622,11511.7%
United Arab Emirates527.3370.2969.96140,4397.4%
United Kingdom54162.52,858.00364.55543,8765.7%
United States5652,756.818,036.648330.26356,11615.3%
Venezuela25.1333.70032.16010,7951.5%
Vietnam23.6193.59994.9622,1111.9%
Total2,0437,668    
 r = 0.94 (Coefficient of correlation Net Worth-GDP).
  = 0.89 (Coefficient of determination Net Worth-GDP).
 r = 0.07 (Coefficient of correlation Net Worth-GDP per capita).
  = 0.01 (Coefficient of determination Net Worth-GDP per capita).

 

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Sources: see Forbes List of Billionaires, International Monetary Fund, World Economic Outlook Database, and United Nations Population Division.

 

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