I am from Czech Republic and I don´t think that Czech is number 30 and Slovakia is number 25. I think it´s interposed. I am sure that we are little richer than Slovaks.
Hi! It's important to remember that we're discussing median wealth. When a country's median wealth is higher than another's, it doesn't necessarily signify a better economic situation for its inhabitants (although median wealth is a more accurate measure than average wealth). In fact, for a more comprehensive understanding, this video should be viewed alongside others we've produced (or will produce), such as the one on the 10 countries with the highest cost of living relative to average salary, or the one on the 10 nations with the greatest wealth inequality. Additionally, as we highlighted in the video, median wealth encompasses not only bank accounts but also property ownership. If a country has lower salaries but a higher homeownership rate, its median wealth can be higher. And indeed, this is the case in some instances. Have a great day! 😊
Hi! As we mentioned in the video, our source was the Credit Suisse report, which is a highly reputable source. Remember that we're talking about median wealth. When a country has a higher median wealth than another, it doesn't necessarily mean that its inhabitants are economically better off (even though median wealth is a more accurate measure than average wealth). In fact, to get a more complete picture of the situation, you should watch this video together with others we've made (or will make), such as the one on the 10 countries with the highest cost of living relative to average salary, or the one on the 10 nations with the greatest inequality between rich and poor. Also, as we said in the video, remember that median wealth takes into account not only how much money you have in the bank, but also your property. If a country has lower salaries than another, but many more of its inhabitants own a home (instead of renting), the median wealth of the country with lower salaries can actually be higher. And in fact, in some cases, this is exactly what happens. Have a great day! 😊
I not want to doubt your statistics.. however in practic life I notice it very different: I live parttime, every few months changing in austria, germany and spain. As per your definition spain is the richest of these countries, while I notice that average people are clearly poorer and cannot efford what is standard in austria and germany. The prices are lower, the income is lower. It may be economicly growing quicker actual, but also this is possible, because it comes from a much lower level.
Hi! You're absolutely right! In fact, when a country has a higher median wealth than another, it doesn't necessarily mean that its inhabitants are economically better off (although median wealth is a more accurate measure than average wealth). To get a more complete picture, you should watch this video in conjunction with others we've produced (or will produce), such as the one on the 10 countries with the highest cost of living relative to average salary, or the one on the 10 nations with the greatest wealth inequality. Additionally, as we highlighted in the video, median wealth encompasses not only bank accounts but also property ownership. If a country has lower salaries but a higher homeownership rate, its median wealth can be higher. And indeed, this is the case in some instances. Have a great day! 😊
@@AmazingEuropeChannelWhat you say is absolutely right. For example, home ownership in Spain (79.2%) is almost twice as high as in poor Germany (42.1%) according to Eurostat.
Could've said something more interesting about Belgium being so high up, its pharmaceutical industrie helped sustain the economy throughout covid (without a government). Many people wouldn't expect Belgium to be there but now in 2024 we have the 3rd richest average joe in the world
Hi! That's an excellent question indeed! Part of the answer (we repeat: only part of the answer) can be found in the videos we've dedicated to why some European countries are not part of the European Union (where we also discuss Iceland) and in the video about the 10 European countries with the most millionaires. Have a great day! 😊
What kind of listed this? Are you joking? You know that Poland is in central Europe and after China has the highest GDP growth since 1990 worldwide. Please get with your statistics.
👍 but obviously you have not included the dwarf states of Liechtenstein, Monaco and San Marino in the ranking, otherwise some of the top positions would have changed considerably.
Median number is an idiotic way of measuring and displaying wealthy of anything. Bulgarian median is higher than Polish 😂😂😂 etc ...They should show wealth if the top 5 percent of people in the country. Ukraine would be in top 5😂😂😂😂.
Hi! As we mentioned in our video, our data source was the Credit Suisse report, making it a highly reliable reference. It's important to remember that we're discussing median wealth. When a country's median wealth is higher than another's, it doesn't necessarily signify a better economic situation for its inhabitants (although median wealth is a more accurate measure than average wealth). In fact, for a more comprehensive understanding, this video should be viewed alongside others we've produced (or will produce), such as the one on the 10 countries with the highest cost of living relative to average salary, or the one on the 10 nations with the greatest wealth inequality. Additionally, as we highlighted in the video, median wealth encompasses not only bank accounts but also property ownership. If a country has lower salaries but a higher homeownership rate, its median wealth can be higher. And indeed, this is the case in some instances. Have a great day! 😊
Hey everyone! Like we said in the video, we got our info from the Credit Suisse report, so it's pretty reliable. Remember, we're talking about median wealth here. Just because a country has a higher median wealth doesn't mean people are automatically better off (even though it's a better measure than average wealth). To get the whole picture, you should check out our other videos, like the one on the 10 most expensive places to live and the one on income inequality. Also, median wealth isn't just about how much cash you have; it includes things like your house. So, a country with lower salaries but more homeowners might actually have higher median wealth. And it does happen! Have a nice day! 😊
@@AmazingEuropeChannel i understand it All , thanks for your real kindness. But i'm sure that they have no for example bigger houses ownership than in Serbia and many more other things. I understand you perfect but i afraid that some informations are based , Serbia was under long negative propaganda and by my views still is, unfortnately, as in many other rankings . So execuse me but is only is my personal opinion . Maybe i'm wrong but i know situation in both countries more than well :) )) By the wy maybe Croatia and Slovenia are better and of course Greece on Balkan but other countries are on similar level or even little worse by my many informations. :)
Which country are you from? What do you think about the situation in your nation?
Greetings from Estonia 🇪🇪. 👋
All good here.
I am from Czech Republic and I don´t think that Czech is number 30 and Slovakia is number 25. I think it´s interposed. I am sure that we are little richer than Slovaks.
Hi! It's important to remember that we're discussing median wealth. When a country's median wealth is higher than another's, it doesn't necessarily signify a better economic situation for its inhabitants (although median wealth is a more accurate measure than average wealth). In fact, for a more comprehensive understanding, this video should be viewed alongside others we've produced (or will produce), such as the one on the 10 countries with the highest cost of living relative to average salary, or the one on the 10 nations with the greatest wealth inequality. Additionally, as we highlighted in the video, median wealth encompasses not only bank accounts but also property ownership. If a country has lower salaries but a higher homeownership rate, its median wealth can be higher. And indeed, this is the case in some instances. Have a great day! 😊
Slovakia over Czech, Latvia over Estonia , Romania over Poland - from what source are those data ?
Hi! As we mentioned in the video, our source was the Credit Suisse report, which is a highly reputable source. Remember that we're talking about median wealth. When a country has a higher median wealth than another, it doesn't necessarily mean that its inhabitants are economically better off (even though median wealth is a more accurate measure than average wealth).
In fact, to get a more complete picture of the situation, you should watch this video together with others we've made (or will make), such as the one on the 10 countries with the highest cost of living relative to average salary, or the one on the 10 nations with the greatest inequality between rich and poor.
Also, as we said in the video, remember that median wealth takes into account not only how much money you have in the bank, but also your property. If a country has lower salaries than another, but many more of its inhabitants own a home (instead of renting), the median wealth of the country with lower salaries can actually be higher. And in fact, in some cases, this is exactly what happens. Have a great day! 😊
Greetings from Estonia 🇪🇪. 👋
Did he rate that drunk?
I not want to doubt your statistics.. however in practic life I notice it very different: I live parttime, every few months changing in austria, germany and spain. As per your definition spain is the richest of these countries, while I notice that average people are clearly poorer and cannot efford what is standard in austria and germany. The prices are lower, the income is lower. It may be economicly growing quicker actual, but also this is possible, because it comes from a much lower level.
Hi! You're absolutely right! In fact, when a country has a higher median wealth than another, it doesn't necessarily mean that its inhabitants are economically better off (although median wealth is a more accurate measure than average wealth). To get a more complete picture, you should watch this video in conjunction with others we've produced (or will produce), such as the one on the 10 countries with the highest cost of living relative to average salary, or the one on the 10 nations with the greatest wealth inequality. Additionally, as we highlighted in the video, median wealth encompasses not only bank accounts but also property ownership. If a country has lower salaries but a higher homeownership rate, its median wealth can be higher. And indeed, this is the case in some instances. Have a great day! 😊
@@AmazingEuropeChannelWhat you say is absolutely right. For example, home ownership in Spain (79.2%) is almost twice as high as in poor Germany (42.1%) according to Eurostat.
Tourism has been big in Iceland since the great financial crisis, when they went broke. No wonder tourists go there, it is a beautiful island.
Could've said something more interesting about Belgium being so high up, its pharmaceutical industrie helped sustain the economy throughout covid (without a government). Many people wouldn't expect Belgium to be there but now in 2024 we have the 3rd richest average joe in the world
Of course this list is based on declared, legitimate, qualifiable wealth.
Of course 😉
The photo at 0:50 shows the truly magnificent monastery in Pochaiv, Ukraine.
Rankings by wealth gives a very different picture to ranking by income.
Missed some countries:
-- Andorra
-- Liechtenstein
-- Kosovo
-- Monaco
-- North Macedonia
-- San Marino
-- Vatican
Quite a few surprises. How does Iceland acquire its incredible wealth is what I’d like to know?
catching whales
Hi! That's an excellent question indeed! Part of the answer (we repeat: only part of the answer) can be found in the videos we've dedicated to why some European countries are not part of the European Union (where we also discuss Iceland) and in the video about the 10 European countries with the most millionaires. Have a great day! 😊
What kind of listed this? Are you joking? You know that Poland is in central Europe and after China has the highest GDP growth since 1990 worldwide. Please get with your statistics.
The video is about wealth, not GDP.
Hi! The video focuses on median wealth, not GDP (which we've covered in a separate video). Have a great day! 😊
Black Sea and Mediterranean houses tend to be more expensive than houses in the cold north.
Before watching the video my guess is 1-Switzerland, 2-Luxembourg, 3-Italy, 4-5 Sweden and Germany,
You are wrong
Weird ranking.
👍 but obviously you have not included the dwarf states of Liechtenstein, Monaco and San Marino in the ranking, otherwise some of the top positions would have changed considerably.
Andorra
Andorra
catching whales
Hi! We totally agree! The reason we didn't include it is that Credit Suisse left it out of their report. Have a great day! 😊
This ranking is simply joke.
Cry abt it
Africans watching this video. Be like... 😮 💔
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Mrs Kathy lien
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
😱Sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journal!
You're wrong about Poland for sure. Poland should be in the top 10. If you travel around Europe you would know.
Videos like this need time stamps
🤣 abstract statistics.
Median number is an idiotic way of measuring and displaying wealthy of anything. Bulgarian median is higher than Polish 😂😂😂 etc ...They should show wealth if the top 5 percent of people in the country. Ukraine would be in top 5😂😂😂😂.
Hi! As we mentioned in our video, our data source was the Credit Suisse report, making it a highly reliable reference. It's important to remember that we're discussing median wealth. When a country's median wealth is higher than another's, it doesn't necessarily signify a better economic situation for its inhabitants (although median wealth is a more accurate measure than average wealth). In fact, for a more comprehensive understanding, this video should be viewed alongside others we've produced (or will produce), such as the one on the 10 countries with the highest cost of living relative to average salary, or the one on the 10 nations with the greatest wealth inequality. Additionally, as we highlighted in the video, median wealth encompasses not only bank accounts but also property ownership. If a country has lower salaries but a higher homeownership rate, its median wealth can be higher. And indeed, this is the case in some instances. Have a great day! 😊
I Love read Sanctions imposed by European union 😂😂
And sanctions imposed by USA no😂😂😂
Bosnia is better than Serbia!? In what!? Are you kidding us!?
Hey everyone! Like we said in the video, we got our info from the Credit Suisse report, so it's pretty reliable. Remember, we're talking about median wealth here. Just because a country has a higher median wealth doesn't mean people are automatically better off (even though it's a better measure than average wealth). To get the whole picture, you should check out our other videos, like the one on the 10 most expensive places to live and the one on income inequality. Also, median wealth isn't just about how much cash you have; it includes things like your house. So, a country with lower salaries but more homeowners might actually have higher median wealth. And it does happen! Have a nice day! 😊
@@AmazingEuropeChannel i understand it All , thanks for your real kindness.
But i'm sure that they have no for example bigger houses ownership than in Serbia and many more other things. I understand you perfect but i afraid that some informations are based , Serbia was under long negative propaganda and by my views still is, unfortnately, as in many other rankings . So execuse me but is only is my personal opinion . Maybe i'm wrong but i know situation in both countries more than well :) ))
By the wy maybe Croatia and Slovenia are better and of course Greece on Balkan but other countries are on similar level or even little worse by my many informations. :)