Annual growth rate of millionaires in China 2013-2023

Annual growth rate of millionaires in mainland China from 2013 to 2023

CharacteristicOwning 6 million yuan or moreOwning 10 million yuan or moreOwning 100 million yuan or more
2023 -0.3% -0.9% -3.4%
2022 2.2% 2.6% 3.6%
2021 2.1% 3.1% 3.7%
2020 1.7% 2.4% 2.6%
2019 1.3% -1.8% -5.1%
2018 7% 9.3% 11.2%
2017 7.1% 9.7% 11.6%
2016 7.6% 10.7% 14.1%
2015 - 11% 16.4%
2014 - 3.8% 3.9%
2013 - 2.9% 1.6%
Created with Highcharts 7.2.2Y-o-y growth rate7.6%7.6%7.1%7.1%7%7%1.3%1.3%1.7%1.7%2.1%2.1%2.2%2.2%-0.3%-0.3%2.9%2.9%3.8%3.8%11%11%10.7%10.7%9.7%9.7%9.3%9.3%-1.8%-1.8%2.4%2.4%3.1%3.1%2.6%2.6%-0.9%-0.9%1.6%1.6%3.9%3.9%16.4%16.4%14.1%14.1%11.6%11.6%11.2%11.2%-5.1%-5.1%2.6%2.6%3.7%3.7%3.6%3.6%-3.4%-3.4%Owning 6 million yuan or moreOwning 10 million yuan or moreOwning 100 million yuan or more20132014201520162017201820192020202120222023
-10%-5%0%5%10%15%20%
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Source

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Release date

March 2024

Region

China

Survey time period

2013 to 2023

Supplementary notes

Millionaires are defined as individuals with personal wealth of 10 million yuan and above, super-rich are defined as individuals with personal wealth of 100 million yuan or above.

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of April 2024).

Figures do not include millionaires from Hong Kong and Taiwan.

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