Portugal’s wealth growth rate is nearly 50% within the last decade

Here is the evolution of Portugal’s wealth growth & increase in no of millionaires:

Portugal’s wealth growth rate is nearly 50% - Portugal Business News

Portugal news - Portugal’s wealth growth rate is nearly 50% within the last decade, according to the UBS Global Wealth Report 2024. Portugal ranks 25th country globally with the highest percentage increase in wealth between 2010-2023.

While the countries with the highest increase in wealth globally between 2010 and 2023 are Kazakhstan with 190%, China with 185% and Qatar with 157%, four countries registered a negative wealth growth, namely Spain with -1%, Italy with -4%, Greece with -20%, and Japan with -23%.

What are the trends of Portugal’s wealth growth?

Countries with the highest wealth growth rates - Portugal Business News

Portugal’s percentage increase in wealth between 2010-2023 is 48% and the consolidated annual growth rate is 3%.

The evolution of Portugal’s wealth growth rate between 2000-2010 is 127% and the consolidated annual growth rate is 8%.

What is the forecast for the increase in the number of millionaires in Portugal & globally?

Forecast for the increase in the number of millionaires in Portugal & globally - Portugal Business News

The number of millionaires is US dollars in Portugal in 2023 is 171,797 and the forecast for 2028 is 189,235.

The expected percentage increase in the number of millionaires in Portugal between 2023 and 2028 is 10%

What is the evolution in average wealth per adult in Portugal?

Evolution in average wealth per adult in Portugal & globally - Portugal Business News

The evolution in average wealth per adult in Portugal between 2008 and 2023 in local currency is well above 50%, that is just slightly less than Germany.  

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