Tag Archives: Credit Suisse Global Wealth Report 2012

European Study finds Eritreans are Gaining More Wealth

In th elast decade, Eritrea’s wealth per adult and financial wealth averages increased by 20.76% and 23.9%, respectively.
In the last decade, Eritrea’s wealth per adult and financial wealth averages increased by 20.76% and 23.9%, respectively.

By Madote,

Eritrea’s wealth per capita has increased by 18.5% from the period of 2000 to mid-2012, according to The Credit Suisse Global Wealth Databook, a Switzerland-based multinational financial service.

In the same period, the study finds Eritrea’s wealth per adult and financial wealth averages improved from US$386 to $1859 and $180 to $751, an increase of 20.76% and 23.9%, respectively.

Regionally, Ethiopia’s heavy dependence on foreign aid and its unchecked population growth; now numbering 2.5 million newborns per year, have made growth levels underwhelming.  Continue reading European Study finds Eritreans are Gaining More Wealth