- According to a report by ‘ New World Wealth’, with total wealth of 8,230 billion US dollars, India has been raked at 6th welathiest country of the world.
- As per the report with 64,584 billion dollars, the United States of America is the wealthiest nation in the world followed by China. China has a wealth of 24,803 billion dollars.
- This report says that India was the best performing wealth market globally in 2017 as its total wealth increased from 6,584 billion dollars in 2016 to 8,230 billion dollars in 2017, registering a 25 per cent growth. India’s total wealth increased by $3,165 billion.
- The report noted that the United States is the wealthiest country in the world as the total wealth held in 2017 amounted to 64,584 billion dollars, followed by China at the second place with 24,803 billion dollars and Japan with 19,522 billion dollars at third.
- Wealth calculation: According to the report, total wealth, refers to the private wealth held by all the individuals living in each country. It includes all their assets. The report, however, excludes government funds from its figures.
Rank Country Total Weatlh
- 1 USA 64,584 billion dollars
- 2 China 24,803 billion dollars
- 3 Japan 19,522 billion dollars
- 4 UK 9,919 billion dollars
- 5 Germany 9,660 billion dollars
- 6 India 8,230 billion dollars
