Total private wealth in Africa decreased by seven percent from 2011 to 2021. Within individual markets, Mauritius registered the strongest performance, as wealth grew by 74 percent in the country over the last decade. On the other hand, Nigeria, Angola, and Egypt had the poorest performances, with private wealth shrinking by over 20 percent in the period. The wealth value referred to assets such as cash, properties, and business interests held by individuals living in each country, less liabilities. Government funds were excluded. According to the source, private wealth in Africa is forecast to climb by nearly 40 percent by 2031.
Growth of total private wealth held in Africa between 2011 and 2021, by country
According to the source, total wealth "refers to the private wealth held by all the individuals living in a country including all their assets (property, cash, equities and business interests) less any liabilities". Governement funds were excluded.
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Henley & Partners. (April 22, 2022). Growth of total private wealth held in Africa between 2011 and 2021, by country [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1182856/wealth-growth-in-african-countries/
Henley & Partners. "Growth of total private wealth held in Africa between 2011 and 2021, by country." Chart. April 22, 2022. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1182856/wealth-growth-in-african-countries/
Henley & Partners. (2022). Growth of total private wealth held in Africa between 2011 and 2021, by country. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1182856/wealth-growth-in-african-countries/
Henley & Partners. "Growth of Total Private Wealth Held in Africa between 2011 and 2021, by Country." Statista, Statista Inc., 22 Apr 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1182856/wealth-growth-in-african-countries/
Henley & Partners, Growth of total private wealth held in Africa between 2011 and 2021, by country Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1182856/wealth-growth-in-african-countries/ (last visited November 10, 2024)
Growth of total private wealth held in Africa between 2011 and 2021, by country [Graph], Henley & Partners, April 22, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1182856/wealth-growth-in-african-countries/
