Ranked: Australia has the 3rd highest median household net wealth in the OECD
Median household net wealth (assets minus liabilities, in US dollars per household, purchasing power parity) across 29 OECD countries, latest available data (2017–2023), as measured by the OECD How's Life? current well-being indicator.
Key takeaways
- Luxembourg leads all 29 countries with a median household net wealth of US$932,028 — more than double the next-ranked country.
- Australia's median of US$369,820 ranks 3rd, sitting well above the OECD median of US$204,480.
- Belgium (US$375,999) and Australia (US$369,820) are closely grouped in 2nd and 3rd place, with Canada (US$349,017) close behind in 4th.
- Denmark records the lowest median household net wealth among the 29 countries at US$67,947, followed by Latvia at US$77,536.
- The United States, despite its large economy, ranks 20th with a median household net wealth of US$172,521, below the OECD median.