Strong growth in the New Zealand dollar and increasing property values have translated to a boom in personal wealth for Kiwis, according to a new global wealth report.
The Credit Suisse Global Wealth Report 2014, released yesterday, found personal wealth for New Zealanders had grown by more than 300 per cent since 2000 - more than any other country rated.
The measure was based on the exchange rate, property values and individual debt.
However, when the effect of the change in exchange rate was removed over the 14-year period, "growth in wealth per adult" dropped to just above 100 per cent - placing us 13th out of the 20 countries ranked.
According to local budgeting and economic experts, the scaled-back result is more reflective of what is happening.