VidRise makes YouTube stand out on social feeds!
About Video - Top 10 Richest Countries In the World 2018
Top 10 RICHEST Countries in the WORLD 2018 . INDIA in Top 10 . INDIA Becomes the RICHEST Country in the WORLD in 2018 . Top 10 Richest Countries in the world . Richest country in 2018 . Top 10 Richest Countries . United States is the richest country in the world . India sixth wealthiest country in the world . Top 10 Richest Countries in the World 2018.the richest country in the world 2018. World richest country 2018. 10 Richest countries in the world and top wealthiest countries in the world in 2018. USA Italy India France Australia Canada Japan China Germany United Kingdom are the 10 Richest and wealthiest countries in the world. Top richest countries in the world. Top Wealthiest Country in the World 2018 includes Europe and America and India. 2017 . America richest country in 2018 . India richest country in the world in 2018 . UK .
India has been ranked sixth in the list of wealthiest countries with total wealth of USD 8,230 billion, while the United States topped the chart, says a report.
According to a report by New World Wealth, the United States is the wealthiest country in the world as the total wealth held in 2017 amounted to USD 64,584 billion, followed by China at the second place with USD 24,803 billion and Japan with USD 19,522 billion at third.
Total wealth, refers to the private wealth held by all the individuals living in each country/city. It includes all their assets (property, cash, equities, business interests) less any liabilities. The report, however, excludes government funds from its figures.
Others in the list include United Kingdom (4th, USD 9,919 billion), Germany (5th, USD 9,660 billion), France (7th, USD 6,649 billion), Canada (8th, USD 6,393 billion), Australia (9th, USD 6,142 billion) and Italy (10th, USD 4,276 billion).
The report further noted that India was the best performing wealth market globally in 2017 as its total wealth swelled from USD 6,584 billion in 2016 to USD 8,230 billion in 2017, registering a 25 per cent growth.
Meanwhile, during the period under consideration China's wealth saw an increase of 22 per cent and global wealth rose by 12 per cent (from USD 192 trillion at the end of 2016 to USD 215 trillion at the end of 2017).
Over the past decade (2007-2017) India's total wealth increased from USD 3,165 billion in 2007 to USD 8,230 billion in 2017, a jump of 160 per cent.
The report further noted that India, is home to 3,30,400 high net worth individuals (individuals with USD 1 million or more in net assets). Globally, India was ranked 9th in this aspect while US topped the list with 50,47,400 HNWIs (high-net-worth individuals).
India is also home to 20,730 multi-millionaires, 7th largest in the world. And in terms of resident billionaires, India with 119 such individuals was named among the top three countries globally, after the US and China.
A billionaire is defined as an individuals with USD 1 billion or more in net assets.
Thanks for watching.
Subscribe to our channel
Keywords: top 10,top 10 richest economies of the world,richest countries,australia,best,best country in the world,no 1 country in the world,countries,usa,singapore,denmark,norway,gdp,switzerland,germany,qatar,most develop countries,in the world,city,richest