Report: Poland’s wealth below global average
21:06
According to the World Bank’s report: The changing wealth of nations, Poland’s total wealth per capita amounts to $ 154,932 below the global average of $168,580.
The report, which measures global wealth, takes into account produced capital and urban land, natural capital such as resources and land, human capital (measured as the discounted value of earnings over a person’s lifetime, and net foreign assets ) the sum of a country’s external assets and liabilities).
The wealthiest country in the world, according to this ranking is Norway with the total wealth of $1,671,756, followed by Qatar ($1,597,125), and Switzerland ($1,466,757), while Gambia with $5,208 total wealth per capita was the poorest.
“Global wealth grew significantly between 1995 and 2014. Middle-income countries are catching up in large part because of rapid growth in Asia, but inequality in overall wealth persists. Because wealth underpins national income, measuring changes in wealth permits us to monitor the sustainability of development, an urgent concern today for all countries,” the report explained.