Wealth share of the richest 1% in India
India: Wealth share of the richest 1% was 40.1% in 2024. ▲ Rising
Wealth share of the richest 1% in India, 1820–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, wealth share of the richest 1% in India stood at 40.1%. That is the highest value across all 58 years on record.
The figure is up 32.0% over ten years.
Over the whole period, wealth share of the richest 1% in India peaked at 40.1% in 2023 and was at its lowest, 12.2%, in 1971.
That places India 6th out of 215 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 58 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1820s | 21.2% | 21.2% | 21.2% | 1 |
| 1850s | 25.1% | 25.1% | 25.1% | 1 |
| 1880s | 27.3% | 27.3% | 27.3% | 1 |
| 1900s | 27.6% | 27.6% | 27.6% | 1 |
| 1910s | 17.8% | 17.8% | 17.8% | 1 |
| 1920s | 27.6% | 27.6% | 27.6% | 1 |
| 1930s | 21.0% | 21.0% | 21.0% | 1 |
| 1940s | 26.0% | 26.0% | 26.0% | 1 |
| 1950s | 13.5% | 13.5% | 13.5% | 1 |
| 1960s | 13.6% | 12.9% | 14.3% | 2 |
| 1970s | 13.2% | 12.2% | 14.2% | 2 |
| 1980s | 13.9% | 12.5% | 15.6% | 10 |
| 1990s | 17.2% | 15.7% | 19.4% | 10 |
| 2000s | 27.2% | 20.7% | 34.0% | 10 |
| 2010s | 33.1% | 30.4% | 37.4% | 10 |
| 2020s | 38.9% | 35.2% | 40.1% | 5 |
Countries ranked near India
More reference data data for India
- Spring temperature anomalies 0.8635 °C (2026)
- Summer temperature anomalies 0.6189 °C (2026)
- Temperature anomalies by month 0.0088 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.3046 °C (2025)
- Winter temperature anomalies -0.2053 °C (2025)
- Consumer price index 233.06 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is wealth share of the richest 1% in India?
- Wealth share of the richest 1% in India was 40.1% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in India?
- The highest recorded value was 40.1% in 2023.
- What is the lowest wealth share of the richest 1% recorded in India?
- The lowest recorded value was 12.2% in 1971.
- How does India rank for wealth share of the richest 1%?
- India ranks 6th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in India?
- Over the last ten years it is up 32.0%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
Download this data
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About this data
The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.