MindTest yours β
Which countries have the highest risk tolerance?
Australia most risk-tolerant
Which countries have the highest risk tolerance?
The Global Preferences Survey (80,000 people, 76 countries) found that Australia, the United States, and New Zealand ranked highest for general risk tolerance. The most risk-averse populations were found in Pakistan, Bangladesh, and many Eastern European nations. Wealthier countries tend to score higher β having a safety net makes risk more affordable.
Source: Falk et al. (2018), Quarterly Journal of Economics
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Risk Appetite
Are you a risk-taker or risk-avoider β and how does it shape your life?