On per capita basis, India was last among the 20 countries, as the average wealth per person stood at $2,800, while that of Switzerland, which topped the ranking, stood at $285,100. "As reflected, certain countries such as India and Indonesia, only make the W20 (wealthiest 20 countries in the world) due to their large populations. On a per capita basis, they are quite poor," the report said.
It further noted that in terms of wealth growth since 2000, India fared much better. It was ranked 5th as its per capita wealth has grown from $900 in the year 2000 to $2,800 in 2015, registering a growth of 211 Pct. Other countries in the top five in terms of wealth growth include, Indonesia, which saw growth of 362 Pct in wealth, China (341 Pct), Russian Federation (253 pct) and Australia (248 pct).
New World Wealth provides information on global wealth sector, with a special focus on high growth market.