---
title: "What is the rank of India in the list of world's wealthiest countries of 2017 with total wealth of $8,230 billion?"  
description: "What is the rank of India in the list of world's wealthiest countries of 2017 with total wealth of $8,230 billion?"  
author: "Devansh Misra"  
published: 2018-03-11  
canonical: https://answers.mindstick.com/qa/39609/what-is-the-rank-of-india-in-the-list-of-world-s-wealthiest-countries-of-2017-with-total-wealth-of-8-230-billion  
category: "general knowledge"  
tags: ["general knowledge"]  
reading_time: 3 minutes  

---

# What is the rank of India in the list of world's wealthiest countries of 2017 with total wealth of $8,230 billion?

What is the [rank](https://www.mindstick.com/forum/34366/difference-between-rank-and-dense_rank-in-sql-server) of [India](https://www.mindstick.com/articles/336618/top-10-electric-bicycles-in-india-in-2024-to-improve-your-health) in the list of [world](https://www.mindstick.com/news/2334/what-would-occur-if-the-world-were-to-divide-in-half)'s [wealthiest countries](https://answers.mindstick.com/qa/34099/what-is-india-s-rank-in-the-list-of-wealthiest-countries-according-to-a-new-report-by-new-world-wealth) of 2017 with total [wealth](https://www.mindstick.com/blog/12794/how-to-transfer-wealth-between-generations) of $8,230 billion?\
\
\

## Answers

### Answer by Biswajeet Bhattacharya

![What is the rank of India in the list of world](https://answers.mindstick.com/questionanswer/1178381f-2c4d-41d3-9fde-5ed3d7a46df7/images/02e77916-f4af-4464-92e2-2eb892c41a4c.jpg)

**India** ranks **sixth** as the **wealthiest country** in the world. As per the report of **New World Wealth** for **2016-2017**, the total wealth of India amounts to **$8,230 billion**. The **United States** is the **richest** country of the world with a total wealth of **$62,584 billion**, as per **AfrAsia Bank Global Wealth Migration Review for 2018**.

![What is the rank of India in the list of world](https://answers.mindstick.com/questionanswer/1178381f-2c4d-41d3-9fde-5ed3d7a46df7/images/f1664860-6077-4aa7-94be-51851b7a2be1.jpg)

The **total wealth** of a country is the **sum** of all the **private wealth** held by all the **individuals** in that country. Total wealth includes **property, cash, equities, business interests**. Total wealth excludes the **government funds**. As per the report, there are more than **500,000 millionaires** in the world with net assets of **$5 million** or more and more than **2000 billionaires** in the world with net assets of more than **$1 billion**. Among the **top ten** richest countries in the world, **China** follows the US at the **second** place as the second wealthiest country in the world with a total wealth of **$ 24,803 billion**. **Japan** is at the **third** place with a total wealth of **$ 19,522 billion** followed by the **UK** at the **fourth** place with a total wealth of **$9,919 billion**. **Germany** is placed at the **fifth** place with a total wealth of **$9,660 billion** followed by **India** at the **sixth** place with a total wealth of **$8,230 billion**. **France** follows India at the **seventh** place with a total wealth of **$ 6,649 billion**. **Canada** is placed at the **eighth** place with a total wealth of **$ 6,393 billion** followed by **Australia** at the **ninth** place with a total wealth of **$6,142 billion**. Finally, **Italy** is placed in the **tenth** place with a total wealth of **$4,276 billion**.

![What is the rank of India in the list of world](https://answers.mindstick.com/questionanswer/1178381f-2c4d-41d3-9fde-5ed3d7a46df7/images/a0507937-1c5f-408f-b026-5a791b176201.jpg)

As per the report it is expected that over the next **ten** years **India** along with **Sri Lanka, Vietnam, China** and **Mauritius** will be the fastest growing **wealth markets** in the worlds. The growth in the wealth markets is based on factors such as a large number of entrepreneurs, business process outsourcing, information technology, real estate, media and healthcare.

![What is the rank of India in the list of world](https://answers.mindstick.com/questionanswer/1178381f-2c4d-41d3-9fde-5ed3d7a46df7/images/b6de7ce5-d0ce-4afe-b5ee-3b3600d3d9cf.jpg)\


---

Original Source: https://answers.mindstick.com/qa/39609/what-is-the-rank-of-india-in-the-list-of-world-s-wealthiest-countries-of-2017-with-total-wealth-of-8-230-billion

Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.