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India ranks 7th among the Wealthiest Nations in the World

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The W20: The 20 Wealthiest Countries in the World – report by Johannesburg-based The New World Wealth, India is ranked 7th among the wealthiest countries in the world in terms of private wealth held by individuals.

  • The New World Wealth is a research consultancy that tracks the global wealth sector. The value of total individual wealth in India – which includes property, cash, equities and business interests – is pegged at $3,492 billion in 2015.

The Wealthy List:-

Rank Country Wealth in Billion
1 US 48, 900
2 China 17, 400
3 Japan 15, 100
4 UK 9, 200
5 Germany 9, 100
6 France 6, 600
7 India 5, 600
8 Canada 4, 700
9 Australia 4, 500
10 Italy 4, 400

India’s Wealth :-

Wealth refers to net assets of a person. It includes all their assets less any liabilities.

  • The ranking of India as one of the top 10 wealthiest countries in the world is largely because of its large population.
  • Over the past 5 years, China was the fastest growing wealthiest country in terms of dollar wealth growth.India ranks 7th among the Wealthiest Nations in the World
  • The study ranked the wealthiest countries in the world as of June 2016 in terms of total individual wealth held.
  • India figures among the top five countries on per capita wealth growth between 2000 and 2015. India’s per capita wealth grew from $900 in 2000 to $2,800 in 2015, a jump of 211 per cent.