EU Tax Observatory · Paris School of Economics

Atlas of the Offshore World

Offshore financial wealth is money held by households in countries other than where they reside, often in tax havens where it can escape domestic taxation and statistical measurement. This database tracks $13.3 trillion in offshore assets across 162 countries from 2001 to 2023, revealing the hidden geography of global wealth.

Explore the Data
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Global Offshore Wealth (2023)
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Countries Tracked
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Years of Data (2001–2023)
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Growth Since 2001

Offshore Wealth by Country of Origin

Explore how much wealth each country's residents hold offshore, in absolute terms or relative to GDP.

2023
No data
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Global Offshore Wealth Over Time

Total offshore financial wealth held worldwide, broken down by the financial center regions where it is deposited.

Where Offshore Wealth Is Hosted

The tax havens and financial centers that attract the world's offshore deposits, ranked by total assets hosted.

Top Financial Centers (2023)

Billions of USD in assets hosted

Financial Centers Over Time

Evolution of major offshore hubs

Country Rankings

Which countries' residents hold the most wealth offshore?

2023

How Offshore Wealth Works

Understanding the hidden world of cross-border finance, made simple.

1. A resident holds wealth

A person living in Country A accumulates financial assets such as bank deposits, securities, or fund shares.

2. Assets are placed in a foreign bank

These assets are deposited in a bank or financial institution located in a different country, often a tax haven like Switzerland, Luxembourg, or Singapore.

3. Hidden from domestic statistics

Because the assets are held abroad, they often do not appear in the home country's wealth statistics or tax records, creating a "statistical gap."

4. Researchers detect the gap

By comparing what banks report as liabilities (deposits by foreigners) with what countries report as assets held abroad, economists can estimate the total offshore wealth.

Resident of Country A
Holds financial wealth
Transfers assets
Bank in Tax Haven
Switzerland, Singapore, etc.
×
But detected via
Global Banking Statistics
Assets vs. liabilities gap reveals hidden wealth

About This Data

This visualization is based on cutting-edge research from the EU Tax Observatory.

Citation

Faye, Godar, Moura & Zucman (2025). "Global Offshore Wealth, 2001–2023." EU Tax Observatory / Paris School of Economics.

  • Comprehensive country-level estimates of offshore financial wealth
  • Breakdown by financial center region (Swiss, European, American, Asian)
  • Annual data spanning over two decades
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Download Data

Access the underlying data files used in this visualization. All figures are in billions of US dollars unless otherwise noted.

Country Data Time Series Rankings Financial Centers

A project of the EU Tax Observatory and the Paris School of Economics.