India is ranked among the world's 10 wealthiest countries.
India, Australia and Canada have overtaken Italy as the richest nation over the past 12 months.
Wealth refers to net assets of a person, according to a report by New World Wealth. It includes all their assets (property, cash, equities, business interests) less any liabilities, the report said adding that it excludes government funds from its figures.
Take a look at the world’s 10 richest nations…
United States
Rank: 1
Wealth: $48,900 billion
China
Rank: 2
Wealth: $17,400 billion
China is the fastest growing wealthiest country in terms of dollar wealth growth over the past 15 years, says the New World Wealth report.
Japan
Rank: 3
Wealth: $15,100 billion
United Kingdom
Rank: 4
Wealth: $9,200 billion
Germany
Rank: 5
Wealth: $9,100 billion
France
Rank: 6
Wealth: $6,600 billion
India
Rank: 7
Wealth: $5,600
India has recorded an impressive rise in wealth, says the report.
Canada
Rank: 8
Wealth: $4,700 billion
Australia
Rank: 9
Wealth: $ 4,500 billion
Australia’s ranking is impressive considering it only has 22 million people living there, says the New World Wealth report.
Italy
Rank: 10
Wealth: $4,400 billion
