In 2021, the number of high net worth individuals (HNWIs) in China amounted to over nine million. The number of HNWIs in the country was projected to increase significantly, reaching more than 17 million by 2026. In comparison, Southeast Asia's most populous country Indonesia had just over 82 thousand high net worth individuals in 2021.
China also had the highest number of ultra high net worth individuals (UHNWIs) in APAC that year.
Number of high net worth individuals in the Asia-Pacific region in 2021 with a forecast for 2026, by country or territory
(in 1,000s)
Characteristic
2021
2026
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High net worth individuals are defined as people with net assets exceeding one million U.S. dollars. The term net worth measures all assets, including their primary residence.
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Knight Frank. (March 1, 2022). Number of high net worth individuals in the Asia-Pacific region in 2021 with a forecast for 2026, by country or territory (in 1,000s) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1323273/apac-number-of-hnwi-by-country/
Knight Frank. "Number of high net worth individuals in the Asia-Pacific region in 2021 with a forecast for 2026, by country or territory (in 1,000s)." Chart. March 1, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1323273/apac-number-of-hnwi-by-country/
Knight Frank. (2022). Number of high net worth individuals in the Asia-Pacific region in 2021 with a forecast for 2026, by country or territory (in 1,000s). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1323273/apac-number-of-hnwi-by-country/
Knight Frank. "Number of High Net worth Individuals in The Asia-pacific Region in 2021 with a Forecast for 2026, by Country or Territory (in 1,000s)." Statista, Statista Inc., 1 Mar 2022, https://www.statista.com/statistics/1323273/apac-number-of-hnwi-by-country/
Knight Frank, Number of high net worth individuals in the Asia-Pacific region in 2021 with a forecast for 2026, by country or territory (in 1,000s) Statista, https://www.statista.com/statistics/1323273/apac-number-of-hnwi-by-country/ (last visited July 22, 2024)
Number of high net worth individuals in the Asia-Pacific region in 2021 with a forecast for 2026, by country or territory (in 1,000s) [Graph], Knight Frank, March 1, 2022. [Online]. Available: https://www.statista.com/statistics/1323273/apac-number-of-hnwi-by-country/