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List Of Wealthiest Countries Out. India’s Rank Will Make You Very Happy


List Of Wealthiest Countries Out. India’s Rank Will Make You Very Happy

Among all the problems and issues our country is facing right now, here comes a relief. As per the latest study by New World Wealth, India is among the Top countries with most wealth in 2017.

The report suggests that India had a total wealth of $ 8,230 billion in 2017 which makes it stand on 6th rank in the world.

Apart from this, India has also been the best-performing country in 2017 as the growth of wealth was 25% which is the highest. From a mark of $ 6,584 billion, India reached an $8,230 mark.

Coming back to the total wealth rank, India is only behind the countries like USA, China, Japan, UK & Germany.

As the top contender, USA has a total wealth of $ 64,584 billion. China being on the 2nd rank holds a wealth of $ 24,803 billion. Japan has $ 19,522 billion, UK has $ 9,919 billion and Germany has $ 9,660 billion.

Take a look at the complete chart-

The reports have been created considering the private wealth held by all the individuals living in each country/city. It includes all their assets (property, cash, equities, business interests) minus any liabilities. The report, however, doesn’t include any government funds from its figures.

Interestingly, our country has also shown a great growth in total wealth over the last 10 years. In the period of 2007-17 India’s total wealth increased from $ 3,165 billion to $ 8,230 billion in 2017 which is a jump of 160 percent.

Apart from this, the report also notes that India has 3,30,400 HNWIs (High-net-worth individuals) which means the individuals with USD 1 million or more in net assets. This makes our country stand on the 9th rank in the world.

Also in India, there are 20,730 multi-millionaires which is 7th largest number in the world. There are 119 resident billionaires which is among the top three countries globally, after the US and China.

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