Datamonitor’s 2012 global wealth market report shows a number of changes from last year, and projects the world’s Top 10 wealth markets for 2015.
Emerging economies in Asia and South America continue to rise on the list, while European economies, overshadowed by the worsening economic crisis in the euro zone, slide.
Britain remains an exception in Europe and is expected to perform strongly in coming years.
In Asia, there continue to be shifts after traditionally strong economic players are eclipsed by rapidly rising competitors.
The Top 10 wealth markets for 2015 will feature two new countries, while Spain and Taiwan, both part of last year’s Top 10, won’t be on the list for 2015.
Wealth in the hands of millionaires in the richest three emerging countries is expected to hit $4.6 trillion by 2015, Datamonitor notes.
Still, North America is anticipated to remain the largest wealth market through 2015, a trend that could be accelerated by efforts to tax overseas assets, potentially prompting some wealth North Americans to repatriate assets, Datamonitor says.
Here is Datamonitor’s list of the Top 10 wealth markets for 2015:
- United States
- United Kingdom
For more information on Datamonitor’s global wealth market rankings, please click here.