The 10 Wealthiest Countries

According to market research company New World Wealth, the world has accumulated $215 trillion in private wealth, a 12% increase over the last year.

Incredibly, the vast majority of this wealth – about 73.5% – is held by just 10 countries:

Rank Country Wealth ($ Trillions) Change (2007-2017, %) #1 United States $62.6 20% #2 China $24.8 198% #3 Japan $19.5 22% #4 United Kingdom $9.9 -2% #5 Germany $9.7 0% #6 India $8.2 160% #7 France $6.6 -11% #8 Canada $6.4 25% #9 Australia $6.1 83% #10 Italy $4.3 -19%

Over the last decade, China and India have more than doubled their wealth. Meanwhile, developed economies like the United States and Japan have increased wealth at modest rates – and some, like Italy and France, even lost modest amounts of private wealth over that duration of time.

Finally, it should be noted that the United Kingdom’s decrease above is mainly due to the depreciation of the GBP, which dropped in dollar terms from roughly $2.00 to $1.35 over the decade in question.

FUTURE PROJECTIONS

How is global wealth expected to shift in the future?

According to New World Wealth, the same 10 countries will dominate the landscape – but the order will change considerably over the next decade:

Proj. Rank Country Proj. Wealth ($ Trillions, 2027) Change (2017-2027, %) #1 United States $75.1 20% #2 China $69.4 180% #3 Japan $25.4 30% #4 India $24.7 200% #5 United Kingdom $10.9 10% #6 Germany $10.6 10% #7 Australia $10.4 70% #8 Canada $8.3 30% #9 France $7.3 10% #10 Italy $4.7 10%