The disparity in wealth among European nations is substantial. On average, Swiss citizens possess more than ten times the wealth of Polish or Hungarian citizens, according to Euronews.

The World Wealth Report indicates that Switzerland and Luxembourg rank as the wealthiest countries in Europe, while Montenegro sits towards the lower end of the spectrum, although it surpasses some EU nations (including Croatia, Hungary, Slovakia, Poland, Romania, Lithuania, Estonia, etc.).

A typical Swiss individual has an average disposable wealth of 650,000 euros, while in Luxembourg, it stands at 556,000 euros. This is eight times higher than the average assets of Montenegrins, who hold approximately EUR 77,778.

The average Slovenian, positioned in the middle of the wealth scale, has around 106,000 euros in assets, whereas Croatians fall towards the lower end, with assets of less than 67,000 euros.

The 2023 Global Wealth Report, compiled by UBS and Credit Suisse, evaluated the average wealth of adults in various countries, defining wealth as the total value of financial and physical assets (primarily real estate) owned by households, minus their debts. Average wealth was analyzed as well.

Chat Eastern Europe

Apart from the top two countries, the Nordic nations, particularly Iceland, Denmark, and Norway, also exhibit considerable wealth. In each of these countries, the average citizen boasts assets exceeding 350,000 euros. These northern countries are recognized for their high standards of living and robust social support frameworks.

The leading economies on the continent are situated in the middle tier. Based on available data, the average French citizen has a wealth of 296,000 euros, Germans hold 243,000 euros, and Italians average 210,000 euros.

Eastern Europe, with a strong focus on the Balkan countries, shows significant lagging in wealth. In Croatia, the average citizen possesses about 67,000 euros, while a resident of Serbia has just over 32,000 euros, and Bosnians approximately 31,000 euros. Turkey ranks at the bottom of this list, where the average citizen holds only 16,000 euros. These figures reflect the economic hurdles faced by these countries, including lower wages and underdeveloped financial markets, as noted by Euronews.