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Sunday, July 5, 2026

NORTH YORK: DRIVING ON SHEPPARD AVENUE TO YONGE STREET!

Richest Countries in the World 2026 | GDP, Per Capita & National Wealth!

Canada is the thirteenth richest nation in the world, according to a new report from Swiss bank, UBS .

Canada is the thirteenth richest nation in the world, according to a new report from UBS.

According to the 2026 edition of the bank’s annual Global Wealth Report, global wealth grew rapidly in 2025, with personal wealth rising by over 10 per cent, the “fastest pace in years.”

The report points to North America as the richest region in the world, driven by the United States, which UBS says is the second richest country globally, with an average wealth per adult of US$696,277 ($988,000) in 2025. The U.S. sits behind Switzerland, which holds the top spot with an average wealth per adult of US$910,382 ($1.2 million).

Canada comes in at 13th place with an average wealth per adult of $567,000.

The percentage of wealth consisting of financial assets is highest in Israel, Taiwan and the U.S., with values of 82.1, 80.8 and 70 per cent respectively. In Canada that number sits at 66.2 per cent.

Looking at debt as a share of gross wealth, Canada sits at fifth with 18.2 per cent. That compares with Brazil, which tops the list at 23.4 per cent, and Mexico at the bottom, with 5.2 per cent.

USB reports that the number of U.S. dollar millionaires in the world has been rising for years. In 2025, the Swiss bank estimates that the world’s millionaire population expanded by 1.5 per cent. “This may not sound like much, but it corresponds to nearly one million new millionaires minted in 2025, or over 2,680 per day.”