Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking

Türkiye’s Staggering Wealth Growth Outpaces Other Nations #

Türkiye has experienced remarkable economic growth, with wealth per adult growing by over 157% between 2022 and 2023, surpassing all other countries. The next highest performers were Qatar at 20% and South Africa at 16%. In contrast, the United States witnessed a mere 2.5% growth in average wealth per adult. Turkey’s inflation rate exceeded 71%, significantly impacting its population of 85 million. Despite high inflation, the ownership of assets like homes has contributed to the growth of wealth. This demonstrates the complex relationship between inflation and wealth accumulation.