India on the ‘10 wealthiest countries’ list
Chirpy Birdy’s little heart is pounding with excitement while giving you this incredible good news. Can you believe that according to the reports by New World Wealth, India is currently one of the richest and wealthiest nations?
India has ranked seventh with an over-all individual wealth of $ 5,600 billion. Let Chirpy Birdy list the countries according to the stands they acquired:
1. U.S ($ 48,900 billion)
2. China ($ 17,400 billion)
3. Japan ($ 15,100 billion)
4. United Kingdom ($ 9,200 billion)
5. Germany ($ 9,100 billion)
6. France ($ 6,600 billion)
7. India ($ 5,600 billion)
8. Canada ($ 4,700 billion)
9. Australia ($ 4,500 billion)
10. Italy ($ 4,400 billion)
India’s stand as one of the top 10 wealthiest countries in the world, is mainly because of its large population. A report stated that as per capita basis, an average Indian is “quite poor”
The ranking of Australia, on the other hand, is impressive as it has only 22 million people living there.
According to a report posted, “Australia and India also grew strongly and India, Australia and Canada have just overtaken Italy over the past 12 months.”
‘Total individual wealth’ is the private wealth, owned by all the individuals of that country, such as cash, property, business interests, equity, etc. The government funds are excluded from it.
India has developed “strongly” over the past 2 years.
The powerful nations always criticized India for being a poor country. But wait, Chirpy Birdy know that they are wrong. Chirpy Birdy knows that many nations are unable to digest this news – but it’s true!
Image Source: thequint.com