As of 2022, Germany had the highest number of individuals with a net worth of over one million U.S. dollars, excluding the value of their primary residence. This trend is expected to continue with 2027 forecasts predicting that almost five million individuals living in Germany will be considered as High Net Worth individuals (UHNWIs). France ranked second with roughly 3.2 million HNWIs being located in France as of 2022.
Number of individuals with a net worth of over one million U.S. dollars in selected European countries, in selected years from 2017 to 2022, with a forecast for 2027
Characteristic
2017
2021
2022
2027*
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* Forecast value for 2027.
The source adds the following information: "HNWI: High-net-worth individual – someone with a net worth of over one million U.S. dollars excluding their primary residence".
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Knight Frank. (May 16, 2023). Number of individuals with a net worth of over one million U.S. dollars in selected European countries, in selected years from 2017 to 2022, with a forecast for 2027 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1416820/number-of-high-net-worth-individuals-one-million/
Knight Frank. "Number of individuals with a net worth of over one million U.S. dollars in selected European countries, in selected years from 2017 to 2022, with a forecast for 2027." Chart. May 16, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1416820/number-of-high-net-worth-individuals-one-million/
Knight Frank. (2023). Number of individuals with a net worth of over one million U.S. dollars in selected European countries, in selected years from 2017 to 2022, with a forecast for 2027. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1416820/number-of-high-net-worth-individuals-one-million/
Knight Frank. "Number of Individuals with a Net worth of over One Million U.S. Dollars in Selected European Countries, in Selected Years from 2017 to 2022, with a Forecast for 2027." Statista, Statista Inc., 16 May 2023, https://www.statista.com/statistics/1416820/number-of-high-net-worth-individuals-one-million/
Knight Frank, Number of individuals with a net worth of over one million U.S. dollars in selected European countries, in selected years from 2017 to 2022, with a forecast for 2027 Statista, https://www.statista.com/statistics/1416820/number-of-high-net-worth-individuals-one-million/ (last visited July 22, 2024)
Number of individuals with a net worth of over one million U.S. dollars in selected European countries, in selected years from 2017 to 2022, with a forecast for 2027 [Graph], Knight Frank, May 16, 2023. [Online]. Available: https://www.statista.com/statistics/1416820/number-of-high-net-worth-individuals-one-million/
