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TOP 10 RICH COUNTRY IN THE WORLD||All ARE CROORPARTY||RICHEST COUNTRIES IN WORLD 2020 #RICHCOUNTRIES

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TOP 10 RICH COUNTRY IN THE WORLD||All ARE CROORPARTY||RICHEST COUNTRIES IN WORLD 2020 #RICHCOUNTRIES
Ranked: The Richest Countries in the World
Since the 2008 financial crisis, global private wealth has been steadily growing.

In fact, overall private wealth worldwide reached $204 trillion in 2018, which is a 26% increase over the past decade.

This week’s chart, which uses numbers from the Global Wealth Migration Review 2019, examines the top 10 richest countries and the growth of private wealth from 2008 to 2018.

Rank Country Private Wealth in $USD (2018) 10-yr change (%)
#1 United States $60.7 trillion 27%
#2 China $23.6 trillion 130%
#3 Japan $19.1 trillion 18%
#4 United Kingdom $9.1 trillion 4%
#5 Germany $8.8 trillion 7%
#6 India $8.1 trillion 96%
#7 Australia $6.0 trillion 48%
#8 Canada $6.0 trillion 23%
#9 France $5.9 trillion -7%
#10 Italy $3.8 trillion -14%
Combined, the 10 countries above represent 74% of total private wealth worldwide.

These trends are staying consistent with the numbers seen in 2017. Asian countries such as China and India showed the highest uptick in wealth gains, holding their #2 and #3 spots on the list, while European countries such as France and Italy actually saw a decrease.

Trends in the Wealth Landscape
Over the last 10 years, China has experienced the largest increase in wealth at 130%. This growth also means that China now boasts more high-net-worth individuals (HNWIs) than any other country except the United States.

While India doubled its total private wealth over the 10-year period, wealth per adult remains at just 22% of the global average.

The U.S. continues to lead in wealth numbers, holding 30% ($60.7 trillion) of the world’s total private wealth. Unsurprisingly, the U.S. remains home to the most millionaires in the world.

The World’s Millionaires: Top 3 Countries

United States: 17,350,000
China: 3,480,000
Japan: 2,809,000
World total: 42,155,000
Source: Credit Suisse

Australia now tops the above list in terms of highest wealth per adult, and it is second in the world only to Switzerland in the context of major nations.

Despite the recent turmoil and uncertainty stemming from Brexit, the United Kingdom still saw overall growth in the past decade, moving from #5 to #4 rank on the list of countries with the highest private wealth.

Projections from New World Wealth estimate that total global wealth will reach $291 trillion by 2028, driven by strong growth in

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