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Greece’s Wealth Gap Widens Despite Rising Assets, UBS Report Shows

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Panoramic view of Athens from above, with the Acropolis visible in the center and dense urban housing stretching toward the sea.
Greece’s household wealth remains heavily tied to real estate, while UBS data show a widening gap between average and median wealth. Credit: Wikimedia Commons / Dimboukas / CC BY-SA 3.0.

New UBS data reveal Greece’s widening gap between headline wealth and the financial position of the typical household.

The Swiss bank’s Global Wealth Report 2026 puts average net wealth per adult in Greece at $143,343 at the end of 2025. That figure places Greece 30th globally in UBS’s ranking of average wealth per adult.

The median figure, however, presents a very different picture. UBS estimates median wealth per adult in Greece at $59,162, less than half the country’s average wealth figure. Greece ranks 29th globally by median wealth per adult.

Greece’s wealth gap widens as average wealth rises and median wealth falls

The wide gap between average and median wealth points to an uneven distribution of assets. UBS notes that average figures can hide disparities, as a relatively small number of wealthy individuals can push up the national average. Median wealth, by contrast, marks the point at which half the population owns more and half owns less.

In Greece, that distinction matters. Average wealth per adult rose by about 5 percent from 2020 to the end of 2025, while median wealth declined over the same period, according to UBS data reported by Euro2day.

The divergence suggests that Greece has gained wealth on paper, but households have not shared equally in that increase.

Real estate still anchors Greek household wealth

Greek households continue to hold much of their wealth in non-financial assets, especially property. UBS data show that financial assets account for only 36.1 percent of gross wealth in Greece, compared with nearly 79 percent in the United States and 65.3 percent in Switzerland.

That structure helps explain why higher asset values do not always translate into stronger household liquidity. Many Greeks hold wealth through homes and property rather than through stocks, funds, deposits, or other financial investments.

Debt does not appear unusually high by international standards. UBS puts debt in Greece at 9.4 percent of gross wealth, lower than in countries such as the United Kingdom, Switzerland, Canada, and Australia.

Greece counts about 82,000 people with wealth above $1 Million

UBS estimates that Greece had about 82,000 people with net wealth of more than $1 million in 2025, measured in US dollar terms. The country added 2,762 new millionaires during the year, a 3.5 percent increase from 2024.

The report also points to a notable concentration of wealth. UBS places Greece’s wealth Gini coefficient at 0.60, a level that suggests significant inequality, although still below the figures recorded in several larger economies. The United States scored 0.77, while Russia and the United Arab Emirates stood at 0.82. Brazil and South Africa each recorded 0.81.

The Gini coefficient measures how evenly wealth is distributed across a population. A higher score indicates that wealth is concentrated in fewer hands.

Global wealth growth adds pressure to inequality debate

The Greek data form part of a wider global picture. UBS says total personal wealth grew by 10.8 percent in 2025, more than twice the pace recorded in 2024 and 2023. Strong financial markets and rising non-financial asset values helped drive the increase.

The report also estimates that the world created nearly one million new dollar millionaires in 2025. The United States alone added more than 440,000, almost half of the global increase.

At the very top, UBS counted 3,302 billionaires, up 13.1 percent from 2025. Their wealth rose by close to 25 percent on average. The report identified 18 people with assets between $50 billion and $100 billion, along with another 19 people whose wealth exceeded $100 billion, including 15 based in the United States.

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