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Taiwan ranked in the world as 4th in Net Wealth among countries



Last Sept. 23, 2019 Taiwan News reported that Taiwan now is a fourth ranked richest country in terms of net financial assets and second in Asia in the last wealth.

According to the German multinational financial services company's latest report, Taiwan net financial assets which correspond to financial assets minus liabilities, decreased globally by 1.9 percent. 

The world leading net financial assets is the US, second Switzerland, third is Singapore and Taiwan is the fourth place with average financial assets of 97,850 euros.

In Asia, Taiwan is in second place and it is overtook Japan for the first time.

For liabilities, China is the highest growth of all countries in the region. And Taiwan has the third smallest increase in liabilitiees.

Taiwan was one of the bright spots listed in the Report. And along with Malaysia an Singapore they are the only countries where the gross financial assets of private household increase more than their loans.





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