Amongst the selected Latin American countries, Mexico registered the largest average wealth of billionaires, at 8.97 billion U.S dollars in 2020. By contrast, the rest of the adult population had an average wealth of 41,530 dollars. This represented a wealth ratio of billionaires/general population of 216,079:1. Nevertheless, it was Argentina the nation with the largest inequality in the distribution of wealth. Billionaires' wealth in this South American country was equal to 3.7 percent of the national GDP.
Average wealth of billionaires and average wealth of the rest of the adult population in selected countries of Latin America in 2020
(in thousand U.S. dollars)
The source adds that, in the estimation for the average wealth of billionaires, each of the fortunes included in the Forbes list is treated as if it were a strictly individual wealth, which is not always the case.
The values for the general population were obtained by subtracting the wealth of billionaires from total national household wealth (individuals).
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Economic Commission for Latin America and the Caribbean. (January 27, 2023). Average wealth of billionaires and average wealth of the rest of the adult population in selected countries of Latin America in 2020 (in thousand U.S. dollars) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/
Economic Commission for Latin America and the Caribbean. "Average wealth of billionaires and average wealth of the rest of the adult population in selected countries of Latin America in 2020 (in thousand U.S. dollars)." Chart. January 27, 2023. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/
Economic Commission for Latin America and the Caribbean. (2023). Average wealth of billionaires and average wealth of the rest of the adult population in selected countries of Latin America in 2020 (in thousand U.S. dollars). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/
Economic Commission for Latin America and the Caribbean. "Average Wealth of Billionaires and Average Wealth of The Rest of The Adult Population in Selected Countries of Latin America in 2020 (in Thousand U.S. Dollars)." Statista, Statista Inc., 27 Jan 2023, https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/
Economic Commission for Latin America and the Caribbean, Average wealth of billionaires and average wealth of the rest of the adult population in selected countries of Latin America in 2020 (in thousand U.S. dollars) Statista, https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/ (last visited December 04, 2024)
Average wealth of billionaires and average wealth of the rest of the adult population in selected countries of Latin America in 2020 (in thousand U.S. dollars) [Graph], Economic Commission for Latin America and the Caribbean, January 27, 2023. [Online]. Available: https://www.statista.com/statistics/1334352/average-wealth-billionaires-compared-to-general-population-by-country-latin-america/