Growth in Global Financial Wealth Screeched to a Halt in 2018
- Personal wealth grew at slowest rate in five years, BCG says
- Africa, Asia fared the best, while North America trailed
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Gains in global personal wealth ground to a near-halt in 2018, rising just 1.6% for the weakest growth in five years.
The slowdown is a steep drop from the 7.5% gain in personal global wealth in 2017, and the 6.2% compound annual growth rate from 2013 to 2017, according to an analysis by Boston Consulting Group released Thursday.