Markets
Ranked: The 10 Wealthiest Countries in the World
The 10 Wealthiest Countries
The Chart of the Week is a weekly Visual Capitalist feature on Fridays.
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% |
While the ranking order of the top three wealthiest countries will remain the same, India is expected to shoot up 200% to claim the #4 position with $24.7 trillion in private wealth.
Meanwhile, France and Australia are two other significant movers – and they are going opposite directions.
France will continue its descent down the ranking to 9th place with just 10% growth in a decade, and Australia will increase wealth at a rate that is very impressive for a developed economy. By 2027, it’s expected to be the world’s seventh richest country in terms of private wealth, with a total of $10.4 trillion. That will rival powerhouses like Germany and the United Kingdom, each with private wealth near the $11 trillion mark.
For more on private wealth, see the 15 wealthiest cities as well the countries that are gaining (or losing) wealth at the fastest rates.
Markets
Graphene: An Investor’s Guide to the Emerging Market
The market value of graphene could reach $3.75 billion by 2030. As the emerging industry shows fast growth, it also faces obstacles.
Graphene: An Investor’s Guide to the Emerging Market
Graphene is an atomic-scale “honeycomb” that is revolutionizing the world of materials and capturing investor attention.
Experts predict that its market value could reach the billion-dollar threshold by 2027 and soar to a staggering $3.75 billion by 2030.
In this infographic sponsored by HydroGraph, we dive into everything investors need to know about this exciting industry and where it’s headed.
Promising Properties
Graphene possesses several unique physical properties which contribute to its wide range of potential applications.
- 200 times stronger than steel
- Harder than diamonds
- 1,000 times lighter than paper
- 98% transparent
- Higher electrical conductivity than copper
- Heat conductivity: 5 times that of copper
- 2,630 m² of surface area per gram
Since its first successful isolation in 2004, graphene’s properties have opened the doors to a multitude of commercial applications and products.
Applications of Graphene
Graphene has permeated numerous sectors like electronics, energy, and healthcare because of its impressive array of end uses.
| Industry | Revenue CAGR of Graphene Across Industries, 2022-2027 |
|---|---|
| Biomedical and Healthcare | 52% |
| Electronics and Telecommunications | 34% |
| Energy | 25% |
| Aerospace and Defense | 16% |
| Other End-User Industries | 17% |
Graphene’s antibacterial properties make it highly suitable for medical instruments and implants. Furthermore, it has shown remarkable potential in helping treat diseases such as cancer.
Another one of the material’s applications is its ability to emit high-speed light pulses, or to combine graphene’s thinness and high-conductivity to create the tiniest possible light sources.
All in all, it’s difficult to sum up graphene’s properties and potential applications in one place. The supermaterial has been covered and cited in thousands of academic journals, and comes up with over 2 million search results on Google Scholar.
Graphene Commercialization
Graphene has evolved from a scientific breakthrough to a commercial reality in less than two decades, putting it firmly on the radar of many future-focused investors.
But despite the strides the industry is making, it is still in its infancy, and therefore challenges exist on the path to widespread adoption. Here are the top five commercialization obstacles perceived by industry players.
| Obstacle | % of survey respondents |
|---|---|
| Cost | 31% |
| Production Methods, Scaling, and Distribution | 21% |
| Material Quality/Consistency | 17% |
| Lack of Knowledge/Awareness | 15% |
| Dispersion/Handling | 14% |
When transitioning cutting-edge materials from the laboratory to consumer products, challenges like these can be expected. But one company is tackling them head-on.
By producing 99.8% pure graphene, and ensuring batch-to-batch consistency, HydroGraph is helping meet the growing demand for graphene products across industries while addressing challenges like cost, scale, and quality.
Interested in learning more? Explore investment opportunities with HydroGraph now.
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